UK Shared Prosperity Fund
(asked on 23rd January 2024) - View Source
Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Levelling Up, Housing and Communities, how much of the Shared Prosperity Fund has been allocated; and if he will publish a list of all projects that have received money from the fund since its inception.
Answered by
Jacob Young
Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)
The UK Shared Prosperity Fund is a £2.6 billion fund for local investment by March 2025. All areas of the UK receive an allocation via a funding formula rather than competition.
We have delegated responsibility for delivering the UK Shared Prosperity Fund to local government. Therefore, it is for places to decide how they use their allocation and this will depend on locally identified priorities. Delivery and management of projects is undertaken at a local level and local authorities can decide when and how to publish on their projects. The department captures this information for fund management purposes.