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08/11/2006
Government grants £2m for private housing
An additional £2 million of grant support is now available to developers to stimulate private sector housing in deprived inner city areas of Belfast.
Minister for Social Development, David Hanson MP today said: “Earlier this year, I launched the Renewing Communities Action Plan, which sets out a framework for tackling disadvantage in some of Northern Ireland’s most disadvantaged communities.
“As part of this, I am now making available an additional £2million worth of grant support for developers, over the next two years. It is hoped that this financial assistance will stimulate the development of private sector housing in the deprived inner city areas of Belfast, where there is clear evidence of a market in decline.”
He continued: “Such grant support is key to regeneration and in tackling the problems created in some areas by changing demographics, resulting from such issues as population drift. The Government is committed to stemming the decline of these areas and securing the healthy future of communities suffering from disadvantage.”
The Department for Social Development is now inviting applications from developers for private housing schemes which use vacant, derelict or underused land and buildings.
Mixed-use development schemes, where there is a significant element of housing provision, will also be considered.
(EF)
Minister for Social Development, David Hanson MP today said: “Earlier this year, I launched the Renewing Communities Action Plan, which sets out a framework for tackling disadvantage in some of Northern Ireland’s most disadvantaged communities.
“As part of this, I am now making available an additional £2million worth of grant support for developers, over the next two years. It is hoped that this financial assistance will stimulate the development of private sector housing in the deprived inner city areas of Belfast, where there is clear evidence of a market in decline.”
He continued: “Such grant support is key to regeneration and in tackling the problems created in some areas by changing demographics, resulting from such issues as population drift. The Government is committed to stemming the decline of these areas and securing the healthy future of communities suffering from disadvantage.”
The Department for Social Development is now inviting applications from developers for private housing schemes which use vacant, derelict or underused land and buildings.
Mixed-use development schemes, where there is a significant element of housing provision, will also be considered.
(EF)
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