Oldham, Rochdale Secure £40m for Regeneration Projects

Oldham and Rochdale are set to receive £20 million each from the government as part of a community regeneration initiative aimed at boosting local development. The funding will facilitate various projects, including the construction of up to 2,000 new homes across four key sites in Oldham, and improvements to the town's private rental sector. Additional investments include £2.5 million for a cultural quarter centered around the Oldham Coliseum, and £2 million to assist market traders relocating to Spindles Shopping Centre. Arooj Shah, leader of Oldham Council, described the funding as a 'gamechanger' that will restore pride and hope in the borough. The investment also aims to enhance sports education and facilities, while supporting local businesses through community-driven decision-making. This initiative is part of the government's broader 'Plan for Change' to ensure growth and tackle local inequalities.