Poole's Bourne Estate will be awarded money from the Big Lottery Fund to trasform the 'forgotten' community.
The estate has a large proportion of council, housing association owner and private rented acoommodation, and high levels of anti-social behaviour.
A total of £200 million will be awarded to 150 communities across the country - aiming at transforming and improving the communities to create a positive legacy.
The Bourne Estate will receive at least £1 million to improve the community.
Nat Sloane, Big Lottery Find's England Chair said: "These areas have for many years been overlooked and have missed out on vital funding and resources - they have people who are high on aspiration but until now have been low on opportunity.
"Through our long-term funding, commitment, training and support over at least the next ten years, we will redress that balance; giving them the power, confidence and ability to spend this funding in the ways that matter most to their community."