Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Levelling Up, Housing and Communities, when his Department plans to publish details of the UK Shared Prosperity Fund application process.
UK-wide funding for the UK Shared Prosperity Fund (UKSPF) will ramp up to at least match receipts from EU structural funds, which on average reached around £1.5 billion per year. Spending Review 2021 fulfils this commitment, with the announcement of over £2.6 billion for the UKSPF over the next three years, with funding reaching £1.5 billion in 2024-25.
The UKSPF will focus on restoring a sense of community, local pride and belonging across the country. The UKSPF will act as a primary lever in levelling up people and places in all parts of the UK to empower places to identify, and build on, their own strengths and needs at a local level.
The Government will publish further details on the fund in due course.