Two towns in Brecon and Radnorshire are set to benefit from Welsh Government funding to support regeneration projects.
The ‘Town Centre Property Investment Fund’ is part of efforts to bring commercial, residential and retail floor space back into beneficial business use.
£2.14million has been allocated across Powys and Ceredigion, with the County Councils responsible for operating the programme in their respective areas. It focuses on Brecon and Llandrindod Wells, as well as Lampeter, Llandysul, Newtown and Tregaron.
The fund will be a package of support including loans, private investment and grants, and is part of the Targeted Regeneration and Investment programme.
Kirsty Williams, Welsh Liberal Democrat Assembly Member for Brecon and Radnorshire, said:
“We know these are challenging times for our high streets and empty properties can make it difficult to create thriving town centres. Extra support is always welcome and I hope it will provide a boost for the local economies.”
“Of course it’s important that the benefits extend to neighbouring areas as well, with plans in place for economic development that will benefit all of our towns and our communities.”