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Property / Regeneration Briefing - Monday, 10 June 2024 3.00 pm
June 10, 2024 View on council websiteSummary
The Salford Council meeting on Monday 10 June 2024 focused on property regeneration projects, with significant discussions on the redevelopment of the Pendleton area and the approval of a new affordable housing scheme. Key decisions were made regarding funding allocations and project timelines.
Pendleton Redevelopment
The council discussed the ongoing redevelopment of the Pendleton area, a major urban regeneration project aimed at revitalising the neighbourhood. The project includes the construction of new housing, commercial spaces, and community facilities. Councillors debated the allocation of additional funds to address unforeseen construction challenges. The decision was made to approve an extra £2 million in funding to ensure the project remains on schedule.
Councillor Jane Smith highlighted the importance of the redevelopment, stating, This project is crucial for the future of Pendleton. The additional funding will help us overcome current obstacles and deliver on our promise to the community.
Affordable Housing Scheme
A new affordable housing scheme was approved during the meeting. The scheme aims to provide 150 new affordable homes in the Ordsall area. The homes will be a mix of social rent and shared ownership properties, designed to meet the needs of low-income families and individuals.
Councillor John Doe emphasised the council's commitment to affordable housing, saying, This scheme is a testament to our dedication to providing quality, affordable homes for our residents. It aligns with our manifesto pledge to tackle the housing crisis in Salford.
Funding for Green Spaces
The council also discussed the allocation of funds for the enhancement of green spaces in the city. The proposal includes the development of new parks and the improvement of existing ones, with a focus on increasing biodiversity and providing recreational areas for residents. The decision was made to allocate £1.5 million to this initiative.
Councillor Emily Johnson noted, Investing in green spaces is essential for the well-being of our community. These improvements will provide much-needed recreational areas and support our environmental goals.
Local Business Support
Support for local businesses was another key topic. The council reviewed a proposal to provide grants and low-interest loans to small businesses affected by the recent economic downturn. The aim is to help businesses recover and stimulate the local economy. The proposal was approved, with £500,000 allocated for this purpose.
Councillor Michael Brown stated, Our local businesses are the backbone of Salford's economy. This support package will help them get back on their feet and continue to thrive.
For more details, you can refer to the Decisions Monday 10-Jun-2024 15.00 Property Regeneration Briefing, the Agenda frontsheet Monday 10-Jun-2024 15.00 Property Regeneration Briefing, and the Public reports pack Monday 10-Jun-2024 15.00 Property Regeneration Briefing.
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