BTS played a pivotal role in securing £1.4 million in grant funding that will deliver much needed new housing on the former Langley Forgings site at Mill Lane, Oldbury.
Mill Lane was a 5.6 acre brownfield site in the Black Country, with a long-standing industrial heritage. The funding will be used to address historic site issues such as contamination, and to carry out essential drainage and utilities works, as well as the realignment of Mill Lane.
Rupert Detheridge of BTS identified the West Midland Combined Authority’s (WMCA) ‘Brownfield Land Acquisition and Remediation Fund’ as a source of funding, and submitted the grant application on behalf of Lioncourt Homes. The WMCA worked closely with Frontier Development Capital Ltd to provide access to the funding.
The regeneration will now go ahead, with Lioncourt set to deliver 68 new homes, including apartments and townhouses, and 16 affordable semi-detached two and three bedroom properties. The site will make a vital contribution towards the current requirement for 215,000 new homes in the West Midlands, and create five new jobs and three paid apprenticeships for people living locally. Three of the new roles will be for long-term unemployed or vulnerable people and the other two will be for a graduate and in a managerial capacity.
BTS is keen to pursue further grant funding opportunities, in the West Midlands, the Black Country and further afield, and can provide a range of services from initial advice on the merits of pursuing grant funding, through to securing the delivery of a scheme.
