The Levelling Up Fund
Opportunities to deliver pride in place have been made available through various pathways. Primarily, the Levelling Up Fund. Providing capital investment in local infrastructure, building on and consolidating prior programmes such as the Local Growth Fund and the Towns Fund, the first round of the Levelling Up Fund supported £1.7 billion of projects in over 100 local areas across all corners of the UK.
The Levelling Up Fund is structured around three investment themes:
1. Local transport projects that make a genuine difference to local areas.
2. Town Centre and high street regeneration.
3. Maintaining and expanding cultural and heritage assets.
Those wishing to invest in regeneration are encouraged to bid with projects that improve the public realm, including high streets, parks and green spaces, designing out opportunities for crime and anti-social behaviour.
A particular emphasis is placed upon the enhancement of infrastructure to help make town centres and high streets more accessible for people with disabilities.
Alongside the Levelling Up Fund, various financing schemes are available to develop civic infrastructure.
Particularly of note are: