Fund title: Future High Streets Fund
Focus of fund/fund aims:
The Future High Streets Fund will contribute up to £25 million per local area for projects which regenerate high streets through investment in physical infrastructure.
Expressions of Interest for Phase 1 by 22 March 2019
Applications can now be made to the new Future High Streets Fund which has a budget of £675m to support local areas to prepare long-term strategies for their high streets and town centres.
The fund will provide investment in physical infrastructure, including improving access, regenerating heritage high streets, using under-used retail units for housing and workspace and supporting new housing and workspace.
There is also funding for regenerating heritage high streets – to restore historic high street properties and to put historic buildings back into economic use, for example as residential buildings, new work spaces or cultural venues.
Local areas are invited to provide proposals setting out the overall vision that they wish to achieve for their high street and town or city centre and specific improvements that would contribute to that overall vision. There is a competition for funding of up to £25m per local area.