Abolished Regional Development Agencies’ (RDA) interests in coalfield assets have been completely transferred to the Homes and Communities Agency (HCA) as of yesterday.
The transfer of 52 RDA coalfield assets is the first stage of asset transfer to the HCA. The process to transfer the remaining RDA land and property portfolio to the HCA is due for completion in early autumn.
The HCA is accountable to Government for the effective management and disposal of these assets. It will work with local partners to develop, invest in and dispose of assets, in pursuit of local economic development and regeneration objectives.
The coalfield assets will be transferred to the HCA’s existing Land and Regeneration portfolio, and will continue to be delivered as part of the National Coalfields Programme.
HCA chief executive Pat Ritchie said: “This builds substantially on our existing coalfields regeneration programme as part of our ongoing Land and Regeneration work.
“To date, the HCA’s work regenerating former coalfield areas … has had a huge impact in transforming the fortunes of these areas, through the creation of thousands of new homes, jobs, businesses and green spaces.
“The inclusion of these assets within our wider land portfolio will ensure that this legacy continues, and will make a major contribution to the localism agenda.”
The 52 coalfield assets now transferred include land at Avenue Coking Works in the East Midlands, Bickershaw Colliery (South) in Greater Manchester, employment and public open space at Betteshanger in Kent and also at Grimethorpe in South Yorkshire. A full list of assets is available here.