New government funding to help breathe new life into rundown estates has been announced, along with a fresh strategy, by communities secretary Sajid Javid.
The additional £32m comes on top of a £140m loan fund announced in January.
Councils will go head-to-head with housing associations and developers to bid for a share of the £172m.
Wandsworth LBC leader, Cllr Ravi Govindia, said: ‘This guidance, and the funding that government has made available, comes as a major boost to getting schemes off the ground in authorities all over the country.
‘It is clear that local authorities have a significant role to play to ensure that estate regeneration meets local housing need and delivers local growth – and in engaging residents and communities in decisions about their area.’
Mr Javid said: ‘Rundown estates offer huge potential to become new thriving communities, providing homes, jobs and opportunities and places that work for everyone.’
Housing and planning minister, Gavin Barwell, added: ‘The funding we are providing will help kick-start a renaissance for those estates that face tough challenges and have often been overlooked.’
