24.02.12
Community Investment for Camden
Camdenis launching a Community Investment Programme to improve and invest in its council homes, schools and neighbourhoods.
Over 850 new council and shared ownership homes will be built, £117m will be used to improve 57 of the borough’s schools and children’s centres and £119m will provide Better Homes repairs to over 10,000 existing council flats.
The programme will work with local people to secure the long-term future of local public services and vital community assets. Over 80 projects are being developed to identify sites for redevelopment or sale and local events will be held over the next 12 months to discuss how these assets should be managed.
Cllr Theo Blackwell, cabinet member for finance, said: “We’ve got children going to primary schools that need new roofs and heating systems, a huge housing list full of people who need homes or those who are living in flats that need vital repairs, so we’ve had to find our own solutions to rebuild our capital programme.
“The Government cut nearly £160m from schools alone, we’re facing a £403m capital deficit so we won’t be able to do everything. But what we are doing is finding ways to unlock the value in old buildings and derelict land to reinvest in the things that matter most to people locally.”
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