Housing Market Renewal Fund
What is the Housing Market Renewal Programme (HMR)?
Salford has experienced housing market failure in a number of local areas across the city – many of which are already with current regeneration areas such as Broughton, Seedley and Langworthy and Kersal/Charlestown together with specific pockets of decline in the Weaste and Claremont wards. In simple terms this means there is a lack of quality housing which meets the needs and demands of local people or attracts new residents in.
Many of the areas affected by housing market failure were characterised by high levels of empty properties, large swathes of older terraced property which were no longer in demand and low value properties which offered restricted choice for those wishing to move up the property ladder. This closely linked to other indicators of social deprivation and sometimes area abandonment and identified as one of the key challenges of Community Plan and the corporate Housing Strategy.
The case for the funding
During 2002 Government invited nine area partnerships across the North and West Midlands to establish pathfinder projects to tackle low demand and housing abandonment. Manchester and Salford is one of these national pathfinders.
The pathfinder projects have developed comprehensive proposals for programmes of neighbourhood renewal in order to create sustainable housing markets and thus sustainable neighbourhoods. These programmes incorporate substantial investment in both existing and replacement housing and in improvements to the physical environment, as well as increased investment in neighbourhood management and proactive enforcement.
HMR investment is contributing to the implementation of comprehensive local plans for neighbourhood renewal and investment is aligned with programmes in education, health, community safety etc in order to narrow the gap between neighbourhoods in inner Manchester and Salford and the national average and to create places where people want to live and invest.
Manchester Salford Pathfinder
The Manchester Salford Housing Market Renewal Pathfinder Partnership (MSP) (involving key agencies from both cities) submitted a detailed investment programme to Government during the summer of 2003. Between 2003 and 2008 £221m HMR funding was invested in the housing markets in Salford and Manchester.
A Business Plan for 2008 to 2011 has now been approved and the Government has made an indicative allocation of a further £140m for this 7 year period.
This investment is being targeted towards four areas- Central Salford, North Manchester, East Manchester and South Manchester. Each of these areas is now implementing detailed schemes focused on site assembly, securing development, supporting home ownership, progressing home improvements, working with registered social landlords and other landlords in the private rented sector, and neighbourhood management measures.
Central Salford
Over the five years 2003 to 2008 Central Salford benefited from £81 million of HMR investment which provided a catalyst supporting the regeneration of many key area based initiatives and creating neighbourhoods of choice. This in turn attracted significant resources from other key funding agencies and the private sector. The MSP website details the achievements of the programme.
The focus of investment over the next 3 years is on 6 neighbourhoods within Central Salford - Seedley & Langworthy, Higher and Lower Broughton, Charlestown & Lower Kersal (NDC area), Claremont and Enterprise Park.
New partnerships have been forged that will drive forward the programme for change in Central Salford in the future:
- The Higher Broughton Partnership, including Salford City Council, RBOS, City Spirit and In Partnership, is implementing the master plan for the areas, including providing approximately 700 homes over the next 7 years;
- In Lower Broughton the city council is working in partnership with Countryside Properties to regenerate the neighbourhood over the next 15 years
- The NDC programme in Charlestown & Lower Kersal is working with a developer partner consortium, Miller Homes and Inspired Developments, to develop new homes in the area;
- In Seedley & Langworthy the city council is working with Urban Splash to develop entire new forms of urban living through a radical transformation of existing terraced stock.
Find out more information about Central Salford.
This page was last updated on 14 April 2008
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