Regional Planning and Development: Finance

(asked on 10th February 2022) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Levelling Up, Housing and Communities, what steps he will take to level up areas that have been unsuccessful in bids to the Levelling Up Fund, the High Street Fund and the Social Partnership Fund and are seeing a reduction in investment.


Answered by
Neil O'Brien Portrait
Neil O'Brien
This question was answered on 25th February 2022

As set out in the Levelling Up White Paper, the Government’s central mission is to spread opportunity more equally across the country and bring left behind communities up to the level of more prosperous areas. We encourage unsuccessful applicants to apply for the second round of funding from the Levelling Up Fund, which will open in Spring. The UK Shared Prosperity Fund (UKSPF) will also be launched in Spring. UK wide, funding for the UKSPF will ramp up to £1.5 billion per year by March 2025 and upholds the UK government’s commitment to match EU structural fund receipts for each nation.

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