Welsh Government has announced that we have been awarded £500,000 to continue to tackle empty properties in Wrexham city centre via the Welsh Government’s Transforming Towns Loans Programme to repurpose and improve properties and reduce the amount of empty properties.
The award will be used to extend the available loan funding for the City Centre to specifically repurpose and improve properties and reduce the amount of empty properties present.
The loan is for key buildings and developments within Wrexham city centre and interest free loans of up to £500,000 (50% of the cost) are available to help with the acquisition and improvements to key properties within Wrexham town centre.
Loans can be used towards acquiring, refurbishing, converting and redeveloping properties, subject to securing the necessary planning permission and other consents.
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“Support a number of empty properties”
Cllr Nigel Williams Lead Member for Economy and Regeneration said: “This is fantastic news for the city centre and will support a number of empty properties to be revitalised and reutilised, in turn providing job opportunities for local residents along with growth to the local economy. We are grateful to Welsh Government for their continued support of Wrexham.”
To find out more details and to find out if you are eligible for a loan please check out our website.
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