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Extra funding announced for regeneration in NewcastleGateshead |
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An additional £3.2million for regenerating neighbourhoods in NewcastleGateshead has been announced. The funding, announced today by John Healey, Minister for Housing and Planning, has been awarded to the Bridging NewcastleGateshead (BNG) partnership which is creating great places to live at the heart of Tyneside. The funding, which is for the current financial year, is in addition to £28.8m housing market renewal funding, awarded to BNG for 2009-2010. The additional money will complement projects already underway, including work to improve the home ownership options available to support house buyers, and development work to prepare sites for new homes. Jim Coulter, Chair of BNG said: “The announcement of this additional funding is testament to the achievements and hard work of all the partners in working with communities, improving homes and building new homes for existing and future residents. “This extra funding will allow us to continue our work which is bringing long-term, sustainable change to local neighbourhoods.”
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