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Written Question
Community Wealth Funds
Friday 20th December 2024

Asked by: Matt Bishop (Labour - Forest of Dean)

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Culture, Media and Sport, what steps her Department is taking to ensure the Community Wealth Fund benefits (a) Cinderford West in the Forest of Dean and (b) other deprived communities.

Answered by Stephanie Peacock - Parliamentary Under Secretary of State (Department for Culture, Media and Sport)

The government has allocated £87.5 million of dormant assets funding to the Community Wealth Fund and is committed to ensuring it delivers meaningful benefits to communities across England. DCMS and MHCLG are working to shortly publish the government response, this will set out the final design of the Community Wealth Fund, including further information on how beneficiary communities will be selected, and other elements of its delivery.