Sheffield Council’s opposition Liberal Democrats are urging the authority to ensure no more public money is spent on the city’s Park Hill flats redevelopment.
Some £40 million of Government money has been given towards the complex’s £160 million regeneration project led by Urban Splash.
The council is paying a further £2.8 million towards security costs at the remaining flats still occupied by tenants prior to renovation.
A motion is being proposed at tomorrow’s full council meeting by the Liberal Democrats which would rule out any more council investment – after concerns about Urban Splash’s finances.
Coun Penny Baker, Liberal Democrat housing spokeswoman, said: “It’s impossible to reverse the original decision to approve this costly project.
“The best route forward is for the first phase to be completed, but local taxpayers shouldn’t be expected to write a blank cheque for the development.
“No more council funds should be blown on this.”
Coun Harry Harpham, council cabinet member for housing, has said no more public money will be used on the scheme.
Urban Splash has announced Park Hill will be run as part of a joint venture with housing association Places for People as part of its restructure.