§ Baroness Golding asked Her Majesty's GovernmentWhen they expect to announce a decision on the scheme submitted by the Manchester Salford market renewal pathfinder for tackling low demand housing and abandonment in the area. [HL4602]
§ Lord RookerI am delighted to announce the award of £125 million to the Manchester Salford pathfinder over the next two and a half years for the implementation of its scheme. The funding comes from the £500 million market renewal fund announced earlier this year inSustainable Communities: building for the future.
The investment from the market renewal fund will be complemented by significant investment from other programmes and the private sector so that other issues vital to sustainable communities in the pathfinder such as jobs, education and crime reduction can be tackled alongside housing.
The scheme marks a key step in our commitment to deliver thriving sustainable communities in those areas devastated by low demand housing and abandonment.