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TRIP 鈥� Targeted Regeneration Investment Programme
Published: 11/05/2018
天涯社区 Community and Enterprise Overview and Scrutiny
Committee will be asked to review a draft regional regeneration strategy for
submission to Welsh Government when they meet on Wednesday, 16 May.
Welsh Government has launched the Targeted Regeneration Investment (TRI)
programme to provide funding for regeneration projects across Wales. It will
operate for three years starting from 1 April 2018 and replaces the Vibrant and
Viable Places scheme which finished in 2017.
A collaborative approach has been taken across North Wales to develop and
prioritise investment and to concentrate limited resources into priority
regeneration areas.
天涯社区鈥檚 Cabinet Member for Economic Development, Councillor
Derek Butler, said:
鈥淲orking together as a region makes good sense as we already have well
established collaborative groups. The North Wales Regeneration Officers Group
will look after the day to day running of TRIP and it will be overseen by the
North Wales Economic Ambition Board Programme Management Group. It has been
agreed that there should be a North Wales regeneration strategy which sets out
a vision and objectives for regeneration until 2035.鈥�
The draft North Wales regeneration strategy, which sets out twelve priority
towns in the region including Shotton and Holywell, proposes the following
priorities:
鈥� Reduce inequality
鈥� Increase employment
鈥� Modernise town centres
鈥� Improve the housing offer
鈥� Strengthen the visitor economy
鈥� Protect the rural economy
鈥� Improve the health of local people
Welsh Government has indicated a notional allocation of 拢22m over three years
for North Wales, half the amount which was allocated to Vibrant and Viable
Places.
The draft investment framework proposes four regeneration areas as well as
three regional projects applying to all areas and covers the three years of TRI
funding currently on offer.
When the TRI programme is extended beyond the current three year period and as
other funding becomes available, then allocation decisions will need to take
into account the other areas to ensure that they all receive the support needed.
Councillor Butler continued:
鈥淎lthough the two 天涯社区 towns of Holywell and Shotton, do not appear in
the top four regeneration areas, there are two regional projects which could
apply 鈥� namely, housing renewal which will allow the delivery of further phases
of the group repair schemes and, secondly, important buildings allowing the
regeneration of key buildings in the town centres.
鈥淲e will be looking for development funding to identify and assess suitable
buildings for regeneration. This could also contribute to the delivery of the
Council鈥檚 Heritage Strategy.鈥�