Magazine article Public Finance

Pathfinder Schemes Make a Swift Comeback

Magazine article Public Finance

Pathfinder Schemes Make a Swift Comeback

Article excerpt

Ministers have moved swiftly to guarantee the future of a flagship regeneration programme after a government document wrongly suggested that it was under threat.

Nine housing market renewal pathfinder schemes in the North and Midlands have already spent £1bn on demolition and improvement work since the programme got under way five years ago.

A report published by the Department for Communities and Local Government within hours of last week's Comprehensive Spending Review stated that four pathfinders would be phased out and that funding for the other five would be frozen.

But addressing the chairs of the pathfinders at a conference in Sheffield on October 11, housing minister lain Wright apologised for his department s mistake and said the government expects to allocate 'around £1bn' during 2008/11. …

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