Three years ago, with much fanfare, Havant Borough Council launched their ‘Regeneration Strategy’ entitled ‘Opportunity Havant’.
‘Phase 1‘ of the strategy was a new development of 121 flats and a replacement car park near the Civic offices.
Two years ago, £3.4M was granted from the Homes Agency to help deliver the project.
At the time the Deputy Council Leader called this ‘a vote of confidence’ in the Council.
However after spending around £200K on it, Conservative-run HBC have now closed the project because they failed to attract the necessary further funding.
The £3.4M is now lost, and we won’t get back the £200K development costs.
Phil Munday, Chair of St Faiths & Emsworth Labour Party says:
“This project was described as a ‘quick win’ for our Council when it was announced, but two years later it has ended in failure. A large sum of public funds was spent. This is not a good use of public money.”
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