City to get 500 new homes as £98m funding agreed
Around 500 new homes will be built across Wolverhampton and many others renovated after £98m funding was agreed by council bosses.
The investment approved by City of Wolverhampton Council's cabinet is on top of the multi-million pound remodelling of the New Park Village estate and paves the way for the continuing transformation of Heath Town and refurbishment of empty homes.
The five-year investment will be presented and considered at a full council meeting.
Deputy council leader Steve Evans said: "We have major plans on site or planned across Wolverhampton, delivering better connected communities where everyone has the chance to benefit from new opportunities."
He added that although the plans are set against the backdrop of increasing pressures on the housing budget, the council was committed to providing the city with adequate housing.
What is the council building?
The Capital Programme for 2025/2026 to 2029/30 includes:
- £67m for estate remodelling such as New Park Village
- £82m for improvements to high-rise estates including building safety, infrastructure replacement and energy efficiency measures
- £110m to raise the internal standards of properties, including refurbishment of void properties
The new build programme includes £26.5m to build 160 homes in Heath Town in the next phase of the estate's upgrade.
The refurbishment programme will also see improvement work on eight tower blocks with a budget of £30m.
This work includes window replacement and external wall insulation works, structural repairs and safety enhancements.
Demolition has begun on the £40m redevelopment of New Park Village, where 205 out-dated homes will be placed with 180 rented properties.
Planning has also been approved to build 99 new energy-efficient council bungalows to replace 93 post-war prefabs on the Lincoln Green Estate in Bushbury.
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