Government Launches £210m Fund to Revitalize Derelict Buildings
- Reports
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- Developments
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- Repetition
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New informationRepeats or wire copies
What happened
The government announced a £210 million package intended to transform derelict shops and cinemas across England into community hubs and shared workspaces. This funding includes a £125 million Derelict Buildings Fund and a £65 million fund for community ownership of at-risk buildings. Separately, a report found that Andy Burnham's goal of building 300,000 council homes by 2036 would cost £47 billion, exceeding the current £39 billion funding available for the Social and Affordable Homes Programme.
From localgov.co.uk, dailymail.com
Why it matters
The funding package aims to redirect vacant commercial property into community use, supported by Angela Rayner, the Housing Secretary. The potential cost increase associated with the council house program highlights significant funding gaps within the government's housing spending plans.
From localgov.co.uk, dailymail.com
Who's involved
- Andy BurnhamBritish politician who has vowed to oversee a major council house building program.
- Angela RaynerHousing Secretary who is the policy owner of the new funding package.
- governmentThe governing body responsible for the spending plans and the new funding package.
- 10 Downing StreetThe functional seat of political power where Andy Burnham operates.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Real EstateSpeculative
Real Estate companies might see changes in property investment landscape and valuation due to new funding and rental auction programs.
- governmentSpeculative
The government might face increased pressure regarding the £8 billion funding gap exposed by the council house targets.
How it developed
Newest first. Tap a step to see who reported it.Locality CEO comments on PM's commitment to local transformation and housing revitalization in England.1 source
- Burnham's administration is pushing building rate increases while the UK seeks insights from California's housing policies.Sub-event
- Andy Burnham's administration prioritizes council houses and reports on housing delivery statistics in England.Sub-event
- Andy Burnham was targeted by an impersonation scam while he was working at 10 Downing Street.Sub-event
- Nottinghamshire is grappling with the UK housing crisis, which is affecting the county.Sub-event
- A new base has been established in Heron House, Manchester, involving key figures like Andy Burnham and 10 Downing Street.Sub-event
Burnham promises housing boom amid reports detailing government funding gaps.1 source
- Economic revival efforts are focused on the Mid Cheshire region.Sub-event
Show 7 earlier steps
Burnham unveiled a 10-year plan for Britain from Downing Street.1 source
Burnham links national policy goals to his experience as Greater Manchester mayor.1 source
- Andy Burnham has made promises regarding major policy shifts aimed at easing the current cost of living crisis.Sub-event
- Andy Burnham proposes emergency rules for landlords and renters in the housing sector.Sub-event
- Andy Burnham's potential PM status is linked to regional subsidy disparities and military support issues affecting East Lothian.Sub-event
Focus on housing and regional development involving Andy Burnham and 10 Downing Street.1 source
Andy Burnham plans to establish a functional outpost at 10 Downing Street, supported by David Skaith, to transform the model of North Yorkshire.1 source
Keep exploring
The entities involved
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Andy Burnham
British politician (born 1970)
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10 Downing Street
headquarters of His Majesty's Government
Related events
- Government allocates funding to Greater Manchester for housing, with Andy Burnham commenting on the targets.
- Andy Burnham's housing initiatives in London receive £350 million in grant funding for major city projects.
- Andy Burnham pledged to support the biggest council house-building programme in England.
- 10 Downing Street was used for the Prime Minister's reception on September 21.
- Political pressure mounts regarding London's capital city status as studies examine housing and poverty rates amidst high cost of living.
Coverage
Newest first; wire copies grouped- localgov.co.uk
- globalsecurity.org
- dailymail.com
- lbc.co.uk
- manchestereveningnews.co.uk
- dunfermlinepress.com
- mirror.co.uk
- standard.co.uk
- labourlist.org
- delfi.lt
- yorkpress.co.uk
- dailymail.com
44 more outlets ran the same wire story
- propertyweek.com
- sthelensstar.co.uk
- rutland-times.co.uk
- aol.co.uk
- kentonline.co.uk
- localgov.co.uk
- dailymail.com
- leftfootforward.org
- theweek.com
- aol.co.uk
- yourlocalguardian.co.uk
- warringtonguardian.co.uk
- enca.com
- lbc.co.uk
- huffingtonpost.co.uk
- redditchstandard.co.uk
- lbc.co.uk
- sthelensstar.co.uk
- gov.uk
- scmp.com
- theargus.co.uk
- desiblitz.com
- express.co.uk
- manchestereveningnews.co.uk
- lancashiretelegraph.co.uk
- egyptindependent.com
- scottishhousingnews.com
- bentelevision.com
- independent.co.uk
- thenational.scot
- aol.co.uk
- bbc.co.uk
- mirror.co.uk
- dailystar.co.uk
- bbc.co.uk
- dailymail.com
- theguardian.com
- manchestereveningnews.co.uk
- kvia.com
- news8000.com
- cnn.com
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- ktvz.com
- theamericanconservative.com