Projects to revitalise Cardigan and Llandysul town centres have received a boost thanks to Welsh Government funding.
The Welsh Government Transforming Towns programme sees five projects in Powys and four in Ceredigion receive funding totalling just over £1.3m, which is anticipated to trigger potential investment worth just over £3m.
Projects that are benefitting from the Placemaking Grant include former schools, banks, office buildings and iconic derelict buildings which will see commercial premises, residential units and small businesses being created and bring new life into town centres.
These projects are part of the ‘Placemaking Grant’ scheme which sits under the Transforming Towns programme.
Councillor for Aberporth and Y Ferwig, Clive Davies, Ceredigion County Council’s Cabinet Member for Economy and Regeneration welcomed the boost.
“Already a number of developers have benefited from this grant intervention to support regenerative projects in our towns," he said.
"With this additional £100m, the opportunity exists for further projects, from green infrastructure to commercial and residential improvements.
“I would ask those who are eligible with an idea for a town centre development to contact the team about the Transforming Towns fund.”
Transforming Towns is a Welsh Government programme providing a further £7million to town centre regeneration in mid Wales over three years.
In addition to the Placemaking Grant, a number of key strategic projects have also been funded in recent years, and the Welsh Government has also enabled projects worth £12 million with loan funding in the region.
Julie James, Climate Change Minister said: “Our Transforming Towns programme has already begun to deliver real change, and our commitment of an additional £125 million over three years will further benefit communities across Wales.
“A collective and concerted effort is needed to help address the challenges many towns face and we will continue to work with our local authorities and stakeholders to take forward the actions set out in the recently published Town Centre Position Statement.”
The town centres where the projects are taking place in are Aberystwyth, Cardigan and Llandysul in Ceredigion, and Llanidloes, Machynlleth, Welshpool and Ystradgynlais in Powys.
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