Towns Fund – updated guidance

POSTED ON: 07/07/2020

On 27th July 2019 the Prime Minister announced that the £3.6 billion Towns Fund would support an initial 100 town deals across England. See further details of the announcement here.

The 100 places invited to develop proposals for a new generation of multi-million-pound Town Deals was then announced on 6th September 2019 by Local Government Secretary Rt Hon Robert Jenrick MP. 

The £3.6 billion Towns Fund will support towns to build prosperous futures and work with the Government to develop innovative regeneration plans for those places. 

We know that towns and cities have worked extremely hard to secure additional support for their areas, and this brings the welcome news that some of the chosen places for the Towns Fund covers several BID areas. If your BID is part of the 100 chosen places, we strongly advise you to engage with or join your town board and get involved with the investment plans.

You can find out more information about the Towns Fund here.

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