The Welsh Government has announced it will spend £100 million over the next three years to help regenerate communities.
Local authorities will be able to bid for investment in projects that promote 'economic regeneration'.
The Targeted Regeneration Investment will run between 2018 and 2021 and aims to support capital investment projects focused at individuals and areas most in need.
It's taken over from the Communities First programme, which was aimed at tackling poverty in Wales.
The programme was ended by Communities Secretary Carl Sargeant in February after 16 years because, the Government said, it failed to significantly reduce poverty in Wales.