Magazine article Public Finance

Housing Pathfinders Are 'Performing Well'

Magazine article Public Finance

Housing Pathfinders Are 'Performing Well'

Article excerpt

The ten projects set up to boost housing markets in the Midlands and North of England are making good progress in spite of the recession, the Audit Commission has found.

Five of the Housing Market Renewal 'pathfinders' are 'performing strongly' (the highest assessment) and the remainder 'well,' according to reports published on March 4.

By next year, the pathfinders will have received more than £2.2bn in government regeneration funding. Set up in 2002, many ran into early controversy over proposais to demolish thousands of rundown properties. Recent work has focused more on refurbishment and building new homes.

Urban Living, the pathfinder for Birmingham and Sandwell, was praised in this week's reports for promoting community cohesion, while Bridging Newcastle Gateshead was highlighted for its efficiency.

New Heartlands Merseyside, which two years ago was 'performing well', had its assessment raised to 'performing strongly'. …

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