Wrexham.com > News
Posted: Tue 20th Feb 2024
Wrexham Council has been award £500,000 in funding to help tackle empty properties in the city centre.
The local authority is one of five across Wales to receive a share of £8 million as part of the Welsh Government’s Transforming Towns Loans (TTLs).
The programme supports local authorities with town and city centre regeneration projects and has allocated more than £73m since its launch in 2014 and has brought over 600 units back into use.
As part of its application Wrexham Council requested £500k to extend the available loan funding for the City Centre to specifically repurpose and improve properties and reduce the amount of empty properties present.
Tackling empty properties is a central pillar of the Welsh Government’s Transforming Towns programme, and this loan funding will be used alongside the main regeneration grant programme worth £100m (over three years), the £43m Property Loans programme, and a range of enforcement tools on offer to support local authorities across Wales.
Minister for Climate Change, Julie James, said: “Our Transforming Towns Loans programme allows councils to support projects that revitalise town and city centres to help create a sense of place and vibrant high streets for their communities.
“With the ambition of making communities sustainable over the long term, the programme aims to improve the quality of life, job opportunities and economic growth for the people who live and work in and around those towns.”
We contacted Wrexham Council for further comment on receiving the funding. We will update as and when we get a response.
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