People, organisations and businesses in Wrexham will soon be able to tap into a share of £1m to help purchase and regenerate land and buildings in the town centre.
The funding has been secured by Wrexham Council as part of the Welsh Government’s Town Centre Regeneration Fund for 2018/19. This is on top of £1m which was also awarded to the local authority via a similar fund last year.
Wrexham Council say the funding will be provided in the form of interest free loans to support the acquisition of properties and land within Wrexham Town Centre.
Details released by Wrexham Council last week state that the funding will be “especially useful for helping to develop properties which are currently under-utilised” – however it is hoped that it will also also help contribute towards the wider regeneration of the Town Centre.
Organisations, people and businesses are invited to apply for a share of the funding to help purchase land and property in the town centre so that they can be used to their best potential.
This could include commercial, leisure, residential and mixed-use developments.
Particular reference has also been made by Wrexham Council to the development of the town centre, which is described as being “one of the key areas being considered as a good use for the funding”.
Lead Member for Economy – Economic Development and Regeneration, Cllr Terry Evans, said: “There is currently a lot of good work being carried out on Wrexham Town Centre and we want to ensure we are doing as much as we can as a council to support this.
“I am delighted that we’ve been able to secure this funding from the Welsh Government. It’s another positive step in the right direction and will go a long to way in helping to support positive developments around the area.”
How to apply?
No matter where you live in the county borough, Wrexham Council says there are a number of ways it may be able to help support you to develop land and properties for both commercial and residential use.
This includes a variety of loan schemes which can be used for purposes such as improvement schemes and bringing empty properties back into residential use.
If you’d like to find out what support may be available to you, contact 01978 298993 or email email@example.com