A self sustaining cycle of investment and re-investment that will regenerate the housing market in Margate through the redevelopment of existing homes dominated by poor quality, multi occupied, poorly managed private rented homes and replacing it with a quality balanced mixed tenure offer.
Growing Places Fund
The Growing Places Fund (GPF) was established by the Ministry for Housing, Communities and Local Government (formerly the Department for Communities and Local Government) and the Department for Transport (DfT) in 2011. The aim of this funding is to unlock economic growth, create jobs and ‘kick-start’ house building at stalled development sites.
Through the GPF Round 1 awards, a total of £48.705m GPF was awarded to 13 capital infrastructure projects across the LEP area.
- Capital Investment - Growing Places Fund