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The Association's work in regenerating the Govanhill area requires commitment from other partners who share our objectives. The significant capital funding required to progress our Development work is sought on a variety of geographical scales. In the main, Communities Scotland provides grant subsidy on an annual basis to support our programme of works.

Glasgow City Council provides Improvement Grant funding to private owners who are participating on a voluntary basis within the tenement rehabilitation programme, although the level of funding for this type of work has reduced considerably over recent years (see Better Living, Better Lives campaign).

The Association is also required to obtain an element of private finance associated with our housing projects. The Dunfermline Building Society and Bank of Scotland have, to date, provided the required finance following competitive tendering procedures.

Bids for challenge funding and Government initiatives are made if we consider this will augment our mainstream regeneration work.

An award of £870,000 from the Scottish Executive under the Empty Homes Initiative has enabled up to 30 vacant flats in the area to be brought back into use for social rented accommodation.

We have also obtained funding from other sources dependent on the type of projects being developed. The provision of the two workspace developments by Govanhill Community Development Trust saw funding contributions from the European Regional Development Fund and Scottish Enterprise Glasgow who also funded the regeneration of Govanhill Park in partnership with Glasgow City Council.

 

 

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