St Helens Borough Council has approved a £10m fund to drive regeneration.
The Land and Property Acquisition Strategy lays out the objectives for obtaining land in an aim to drive ambitious regeneration initiatives.
This strategy reflects new Government treasury guidance which supports the use of funds to deliver economic development and regeneration projects.
Cabinet Member at St Helens Borough Council for Regeneration & Planning, Councillor Richard McCauley, said: “This is really exciting…Our goal now is to support the local economy, develop future employment opportunities and make our town centres places people can be proud of.”
Councillor McCauley also said that this money will aid the local area in obtaining new land for regeneration which will in turn boost the local employment levels.
He said: “This is more important than ever given the impact of the last year and the fact national unemployment rates are now at the highest since 2016.”
“This strategy and fund put the foundations in place to make sure regeneration can happen quickly and efficiently and with the support of our strategic partner we can deliver the changes that the people and businesses of St Helens want to see.”
The Land and Property Acquisition Strategy can be found here.
