§ Mr. Gareth WardellTo ask the Secretary of State for Wales if he will place in the Library details of the criteria which applicants must meet to qualify for the urban investment grant.
§ Mr. Peter WalkerUrban investment grants (UIGs) are designed to support projects costing more than £150,000, 87W which are brought forward by private sector developers and which, because likely costs would exceed likely values on completion, would not otherwise proceed. To qualify for UIGs, which are site specific, developments must be located in an urban area in Wales and bring back into use derelict or rundown land and—or buildings. Projects must also produce benefits which contribute to alleviating urban deprivation. Copies of the UIG guidance notes, which set out these criteria, have been placed in the Library of the House.
§ Mr. Gareth WardellTo ask the Secretary of State for Wales if he will publish in theOfficial Report, on a county basis, the value of the urban investment grant for each month since its inception.
§ Mr. Peter WalkerSince the introduction of urban investment grants (UIG) on 1 April 1989, five schemes have been approved for support involving £2.033 million grant. The geographical distribution is as follows:
Scheme £ grant Gwynedd 1 0.066 Mid Glamorgan 4 1.967 In addition, eight applications are currently being considered, but all applications for UIG are treated in confidence.