£1 billion Future High Streets Fund expanded to 50 more UK areas
Topics: HIGH STREET UK
Towns across England from Dudley to Dover and Scarborough to Stockport will join 50 successful areas already shortlisted to develop plans to reinvent their high streets.
The funding could be used by these areas to improve transport and access into town centres, convert empty retail units into new homes and workplaces, and invest in vital infrastructure.
The extension to the shortlist comes on the back of the £3.6 billion Towns Fund announced last month, which included an additional £325 million for the Future High Streets Fund, taking the overall Fund to £1 billion as the Government looks to drive forward local growth.
Successful candidates will progress to the second phase of the Future High Streets Fund and receive up to £150,000 to support the development of detailed project proposals that can be submitted for capital funding. ■