Considerable central Government regeneration funds have been made available to the West Midlands since 1997—in total some £850 million. The main components are:
£ million Neighbourhood Renewal Fund 2003-08 306.54 Neighbourhood Element 2006-10 12.23 Cleaner Safer Greener Fund 2006-08 6.3 Neighbourhood Management Pathfinder 2004-10 7.2 New Deal for Communities (10-year programme to 2010) 319.5 Housing Market Renewal Pathfinder (set to 2008) 200.00
Since Advantage West Midlands was established in 1999 it has between 1999-2000 and 2006-07 spent over £1.6 billion in connection with economic regeneration activity in the region. Advantage West Midlands' budget allocation for 2007-09 is around £296 million.