More than £17 million of funding will be invested in regenerating town centres and bringing empty homes in the Valleys Taskforce area back into use.
The Welsh Government say the boundaries of the Taskforce are being extended to the Gwendraeth and Amman Valleys.
To be eligible, homes would need to have been empty for at least 12 months. Applicants to the scheme are restricted to one grant per person and in cases where repair work exceeds £20,000, will have the option to apply for the Welsh Government's Houses in to Homes scheme.
Deputy Economy Minister and Chair of the Valleys Taskforce, Lee Waters has announced that the Welsh Government is setting aside £10m to roll a successful empty homes scheme out across the Valleys Taskforce area, with
The Welsh Government has also announced it is investing around £7m to support economic regeneration, business growth and job creation in key designated areas across Carmarthenshire, Pembrokeshire, Swansea and Neath Port Talbot.
This includes Llanelli Town Centre and Station Road, Ammanford Town Centre, Pembroke and Haverfordwest; Swansea city centre and Morriston.
Neath, Port Talbot and the Neath Port Talbot Valleys will all benefit from investment from the Targeted Regeneration Investment Programme which will be used to improve business shopfronts and bring vacant commercial floor space back into business use.
It will also support the conversion of vacant commercial space on upper floors into new homes.