Towns Fund
(asked on 18th March 2021) - View Source
Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Housing, Communities and Local Government, how the individual allocations of funding to Town Deals were calculated.
This question was answered on 23rd March 2021
In 2019, we invited 101 places to develop proposals for Town Deals. Towns submit these proposals in a Town Investment Plan. Those plans are robustly assessed against a range of criteria, with value for money a central consideration. The funding allocation is based on quality of the Town Investment Plan and the projects it contains. Full details of our assessment are set out in the Towns Fund Further Guidance.