Issue - meetings

Town Centre Regeneration Loans

Meeting: 23/05/2023 - Cabinet (Item 4)

4 Town Centre Regeneration Loans pdf icon PDF 167 KB

Additional documents:

Decision:

As detailed in the recommendations.

Minutes:

Councillor Healey introduced the report and explained that over the last eight to ten years, alongside traditional non-repayable town centre regeneration grant funding opportunities, Welsh Government (WG) had made available repayable capital loan funding to local authorities across Wales.

 

By making repayable loan funding available, WG’s aim was that it would facilitate the delivery of its strategic regeneration policy frameworks which sought to increase footfall and vibrancy, support the growth of the local economy, diversify the use of premises within the town centre, and help breathe new life into land and premises in town centre locations across Wales.

 

            The Service Manager, Enterprise and Regeneration added that the report had been submitted to Environment and Economy Overview and Scrutiny Committee where it had been supported.    

 

RESOLVED:

 

(a)       That the repayable loan funding award for town centre regeneration in Flintshire be noted; and

 

(b)       That the proposed criteria and approach to administering and managing the town centre repayable loan funding across Flintshire be approved.