National Assembly for Wales

WAQ76976 (e) Tabled on 08/08/2018

Will the Cabinet Secretary state which local authorities have successfully applied to the Town Centre Loans Fund, list the names of and amount given to each project supported, and state how many empty sites/premises have now been filled?

Answered by Minister for Housing and Regeneration Answered on 14/08/2018

Currently 17 Local Authorities are in receipt of Town Centre Loan Funding.  The allocations are as follows:

 

Authority

 

 

 

Anglesey

475,000

Blaenau Gwent

764,286

Caerphilly

0

Cardiff

2,000,000

Carmarthenshire

2,063,393

Ceredigion

1,237,569

Conwy

790,000

Denbighshire

2,892,857

Gwynedd

2,050,000

Monmouthshire

91,229

Neath Port Talbot

1,500,000

Newport

750,000

Pembrokeshire

2,750,000

Powys

2,850,000

Rhondda Cynon Taff

1,835,000

Swansea

2,000,000

Vale of Glamorgan

1,045,666

Wrexham

2,500,000

Total

27,595,000

 

These allocations have been undertaken over a four year period, and the projects being funded are at varying stages of development with some completions.  Currently there are 52 projects either under development, with Commercial in Confidence issues around negotiations and procurement, or complete.  All completed projects involved refurbishment or redevelopment of empty or derelict properties. 

All Local Authorities submit quarterly monitoring reports to the Welsh Government which officials will monitor over the long term 15 year period of the loan allocation.

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