Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Levelling Up, Housing and Communities, how much and what proportion of total Shared Prosperity Fund funding has been allocated to projects in Northern Ireland as of 4 March 2024.
We are investing £15 billion in a suite of complementary Levelling Up projects across the UK to help grow the economy, create jobs, improve transport, provide skills training and support local businesses.
The Levelling Up Fund has invested a total of £4.8 billion into infrastructure that improves everyday life for local residents across the UK. Projects in Northern Ireland received £120 million across rounds one and two of the Levelling Up Fund. In Round three a further £30 million was set aside for Northern Ireland. This means that at least 3% of total Levelling Up Fund allocations have gone to Northern Ireland, in line with our commitments.
The Community Renewal Fund provided £186 million of funding, supporting outputs for 23,000 organisations. Northern Ireland benefitted from just over £12 million of investment, meaning it enjoyed a proportion of 6.45% of the total funding allocated.
The UK Shared Prosperity Fund in Northern Ireland has a total budget of £126 million which represents 4.8% of the total UKSPF budget of £2.6 billion. As of 4 March 2024, £76 million of UKSPF funding has been allocated to 30 projects in Northern Ireland with further investments to follow. We continue to be committed to levelling up all parts of the UK, including Northern Ireland.