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Residents across Wales will see their town centres transformed as an additional £12.6 million is invested in regeneration projects from Swansea to Newport.

First published:
27 March 2026
Last updated:

The new funding was announced yesterday (Thursday, 26th March 2026) by the Cabinet Secretary for Housing and Local Government, Jayne Bryant, during a visit to the Biophilic Living project at Mowbray Yard, Swansea. 

The extra funding will support projects such as the redevelopment of 1 Oxford Street and Phase 2 of the Potters Wheel project in Swansea, the redevelopment of the Grade II listed Merthyr Synagogue, and the development of Placemaking Plans for Adamsdown, Splott, Butetown and Cardiff Bay. 

Since its launch in 2020, the Welsh Government’s Transforming Towns programme has awarded more than £494 million in grant and loan funding to support regeneration across Wales. All 22 local authorities receive funding from the Transforming Towns programme. 

Cabinet Secretary for Housing and Local Government, Jayne Bryant, said:

This funding is not just about infrastructure—it is about creating real, tangible change for the people who live and work in these areas.

By revitalising town centres, supporting local businesses, and improving public spaces, we are helping to build places where communities can thrive both socially and economically.

We know that strong, vibrant high streets are the backbone of wider economic growth across Wales. When our town centres succeed, they attract investment, create jobs, and provide opportunities that benefit the whole region.