Skip to main content

Written question asked by Baroness Valentine (Crossbench) on Tuesday, 23 February 2021, in the House of Lords. It was due for an answer on Tuesday, 9 March 2021. It was answered by Lord Agnew of Oulton (Conservative) on Tuesday, 2 March 2021 on behalf of the Treasury.


Regional Planning and Development: Finance

Question

To ask Her Majesty's Government when they plan to publish the prospectus for the Levelling Up Fund announced in the Spending Review 2020, published on 15 December 2020.

Answer

The £4.8bn Levelling Up Fund will invest in infrastructure that improves everyday life across the UK, including regenerating town centre and high streets, upgrading local transport, and investing in cultural and heritage assets. The Government launched the prospectus for the Fund at Budget, opening bids UK-wide for the first round of funding starting in 21-22. The prospectus provides guidance to local areas on the process for submitting bids, the types of projects eligible for funding, and how bids will be assessed.


Secondary information

Type
Written question
Reference
HL13624
Session
2019-21
Grouped for answer
Yes
Subjects
Finance Regional planning and development
Link
View this Written question on www.parliament.uk