Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Housing, Communities and Local Government, when the prospectus for the UK Shared Prosperity Fund will be published.
The UK Shared Prosperity Fund (UKSPF) will help to level up and create opportunity across the UK for places most in need, such as ex-industrial areas, deprived towns and rural and coastal communities, and for people who face labour market barriers.
The November 2020 Spending Review set out the main strategic elements of the UKSPF in the Heads of Terms. We will publish a UK-wide investment framework later this year and confirm multi-year funding profiles at the next Spending Review.
In addition, to help local areas prepare over 2021/22 for the introduction of the UKSPF, we will provide additional UK funding to support our communities to pilot programmes and new approaches. Further details will be published soon.