Capital&Centric’s Farnworth revamp is one of two projects to be awarded a share of £3.4m from the combined authority after cash originally allocated for projects in Wigan and Rochdale was redistributed.
The Farnworth scheme, which proposes the delivery of 94 homes, is to be awarded £1.4m from the Greater Manchester Combined Authority’s share of the government’s £400m Brownfield Housing Fund.
The other scheme to benefit is the redevelopment of the 16-acre former Manox factory site in Miles Platting, Manchester.
Plans for the 410-home scheme were approved last year, and the project is being delivered by NPL Group and Equans.
The GMCA has allocated £2m towards the development, which is due to start on site in January.
The redistribution of funds follows a change in circumstances for two projects previously awarded brownfield cash.
Delays related to issues including land ownership mean that £2m earmarked to unlock land around Castleton train station in Rochdale for redevelopment would not be spent in time to meet funding timescales.
In addition, £1m to support Lane End Group and Torus’s affordable development off Frog Lane in Wigan is “no longer required”, according to the GMCA.
The government launched its Brownfield Housing Fund in 2020. Greater Manchester was subsequently awarded £81.1m to distribute over the next five years.
To date, cash has been awarded to enable the delivery of more than 7,000 homes across Greater Manchester.