£1bn Future High Streets Fund expanded to 50 more areas
An additional 50 towns will benefit from the £1bn Future High Streets Fund, Prime Minister Boris Johnson confirmed today.
Towns across England – from Dudley to Dover and Scarborough to Stockport – will join 50 successful areas already shortlisted to develop plans to reinvent their high streets.
The funding could be used by these areas to improve transport and access into town centres, convert empty retail units into new homes and workplaces, and invest in vital infrastructure.
The extension to the shortlist comes on the back of the £3.6bn Towns Fund announced last month, which included an additional £325m for the Future High Streets Fund, taking the overall Fund to £1bn as the Government looks to drive forward local growth.
Prime Minister Boris Johnson said: “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.
“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 £1bn of vital investment.
“This scheme is going to re-energise and transform even more of our high streets – helping them to attract new businesses, boost local growth, and create new infrastructure and jobs.”