Sheffield was split up into 10 neighbourhood commissions in June, each of which has to choose its own strategy to meet the decent homes standard. Two of these – Arbourthorne, Lansdowne, Heeley and Hanover, and Brightside and Shiregreen – have now opted for an ALMO, a decision endorsed by the council at the September meeting.
They are now bidding for a total of £233m in the fourth round of ALMO funding. Total expressions of interest were £2.1bn.
Joanne Roney, executive director of neighbourhoods for Sheffield Council, said: "The scale of the challenge is massive in Sheffield, and we're going to press on with our mixed model."
Three further neighbourhood commissions are due to report in December, with the remaining five slated to be finished by March next year.
Sheffield needs £1bn to meet the decent homes standard, but stock transfer is regarded as impossible after Labour councillors won local elections campaigning heavily on an anti-transfer ticket.
The news follows English Partnership's decision last week to invest £500,000 in the regeneration of the controversial block that dominates the city's skyline.
Sheffield council estimates it could cost £80m to turn the grade II listed flat complex into mixed residential and commercial premises.
Source
Housing Today
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