Future High Streets Fund expanded to 50 more areas
Fifty towns in England will be given a share of £1 billion to revitalise their High Streets.
They will join 50 other areas already shortlisted for the Future High Streets Fund. The cash could be used for schemes such as improving transport links or converting empty shops into homes or offices.
“Our High Streets are right at the heart of our communities, and I will do everything I can to make sure they remain vibrant places where people want to go, meet and spend their money,” says Prime Minister Boris Johnson.
“But with our town centres facing challenges, we’re today expanding the High Streets Fund to support over 100 High Streets to regenerate – backed by £1 billion of vital investment. This scheme is going to reenergise and transform even more of our High Streets – helping them to attract new businesses, boost local growth, and create new infrastructure and jobs.”
Successful candidates will progress to the second phase of the Future High Streets Fund and receive up to £150,000 to support the development of project proposals that can be submitted for capital funding. The scheme was launched in December last year.
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