The impact of the recession has put back Tory plans for regeneration projects such as the Thames Gateway and housing market renewal areas.
Shadow regeneration minister Stewart Jackson has said that the party’s commitment to publish a green paper in January or February will now have to wait until after the general election.
He previously said that the paper will also set out the Tory position on policy issues such as tax increment financing, the reinstitution of the single regeneration budget and local asset-backed vehicles.
It is also expected to clarify the Conservative’s position on the future of economic development funding if regional development agencies are scrapped.
Mr Jackson said: ‘We are committed to supporting the regeneration of towns and cities as part of our commitment to leading Britain out of Labour’s recession. We hope to produce a detailed and comprehensive green paper on regeneration.’