Sheffield Hallam University: Centre for Regional Economic and Social Research

Year of publication: 2019

Regeneration is back on the political agenda, with the announcement of the Stronger Towns Fund and work to set up a Shared Prosperity Fund to replace targeted EU funding made while Theresa May was Prime Minister. There is recognition at a policy level that the ‘proceeds of growth’ are unequally distributed.

This shift in policy debate presents an opportunity to rediscover the role of targeted funding, and the part housing-related activity can play in uplifting ‘left-behind’ neighbourhoods. Importantly, it also presents an opportunity to learn from three decades of experience within the UK and internationally.

Key issues highlighted in previous learning include how much should be spent; how the spend should be targeted; how it should link with mainstream public spending; how need should be defined; how long a programme should last; what geographical focus is appropriate; and what outcomes and impacts should be expected. This report addresses summarises key learning on outcomes, value for money, determining factors and lessons learned.

Content type: Placemaking

Tags: Report

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NHF-Review-of-Regeneration-Literature — pdf (1.127 MB)