Stronger Towns Fund Debate
Full Debate: Read Full DebateHenry Smith
Main Page: Henry Smith (Conservative - Crawley)Department Debates - View all Henry Smith's debates with the Ministry of Housing, Communities and Local Government
(5 years, 5 months ago)
Commons ChamberI absolutely recognise the impassioned statement that the hon. Lady has set out on the significance of our towns. We see this as a partnership. Ultimately, those bids, those ideas, and those things that will make a difference in our towns, have to come from the community—from councils, businesses and civic leaders who can shape those ideas, make sure that those bids are competitive and ambitious, and deliver the transformation that she wants for her area and that I would want for her area too. We will work with this, and we will make it work so that towns are seen to have that strength, we get the deals in place and see the sort of thing that she is talking about.
Almost £1 billion has been allocated to the new stronger towns fund. When will we know when those allocations have been confirmed to individual communities?
There are two elements, as my hon. Friend will appreciate. The first element is the notional allocations that I have set out, and we will work to provide further detail in relation to the LEP allocations and the next steps on that. Then there is the prospectus that sits alongside the £600 million, which will allow people to bid. I anticipate that there will be different phases, because different towns and communities will need to build their plans and get their ideas together, but I will set out further details in due course.