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Second phase of Future High Streets Fund begins
High Streets Minister Jake Berry has confirmed that more than 50 areas across the country are going through to the second phase of a multi-million fund that will transform their high streets and make them fit for the future.
The £675 million Future High Streets Fund will help local leaders to reinvent their town centres, from improving transport and access into town centres to converting retail units into new homes.
The successful towns - from Whitehaven in Cumbria to Penzance in Cornwall - will now receive up to £150,000 of new funding to work up detailed project proposals, based on their initial plans. The Ministry of Housing, Communities and Local Government will work closely with them, focusing on those places that have ‘shovel ready’ projects where there might be opportunities to accelerate these.
Berry said: “High Streets are a crucial part of our local economies and people care about them because they are also the centres of their community. But we recognise that changing consumer behaviour and the rise of online shopping presents a significant challenge and that’s why we are taking action to help them evolve.
“Many of our high streets are successfully re-inventing themselves and with these new plans now in development, local leaders, who know their areas best, will be driving forward the transformation of their town centres into further great success stories.”
The Future High Streets Fund was launched in December 2018 as part of the government’s plan for the high street.
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