The Ministry of Housing, Communities and Local Government has announced a rolling together of various Levelling Up schemes into a new Local Regeneration Fund.
It is seen as part of the government’s devolution agenda.
There will no longer be a differentiation between Levelling Up, Town improvement deals, and Pathfinder capital funding. A single capital pot of funding, the Local Regeneration Fund, has been created that combines these funds.
More spending flexibility is being given too ,...
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