Residents of an east Leeds estate are celebrating 10 years of funding, which has improved life for the whole community.
Now Swarcliffe is a popular area of the city for people to move to, with more than 300 bids on each house which becomes available for rent.
And when houses are put up for sale, they usually sell within a week or two.
It was the first area in Leeds to benefit from using PFI Funding (Private Finance Initiative).
Now thousands of residents have seen improvements including completely refurbished homes, gardens and their surroundings made better.
Councillor Pauleen Grahame (Lab, Crossgates and Whinmoor) said: “Swarcliffe has benefitted hugely from the PFI funding. The whole estate has literally been refurbished and remaining multi-storey flats have been improved.”
To date, the community has benefitted from new play areas, a complete overhaul of bathrooms, kitchens, new doors and windows, heating systems and improved access and off-street parking areas for some.
Coun Grahame added that tower blocks including the Langbars and Ashtrees have been demolished and others improved: “Yorkshire Housing has done a great job and work continues.
“In a way we were guinea pigs for the rest of Leeds to see how PFI would work out, but on the whole it has been of great benefit for people of all ages living here and a success. Thousands of homes are improved. The results speak for themselves.”
Coun Grahame met with residents and contractors to mark the anniversary.
The private finance initiative (PFI) is a way of creating ‘public–private partnerships’ (PPPs) by funding public infrastructure projects with private capital.