Wakefield has opportunity to bid for Towns Fund
Wakefield Council have been invited to secure a proportion of a £3.6billion funding pot aimed at improving town and city centres.
Wakefield and Castleford have been given the opportunity to bid into a Government scheme to improve transport, broadband, connectivity, skills and culture.
The Council already has ambitious plans to improve these areas – with the launch of the High Street Task Force, in which key stakeholders have been brought together to shape the future of our towns and city centre, the imminent commission of a new Masterplan for Wakefield city centre and the £19million bid to Homes England to deliver the aspirations within the Aire River Growth Corridor Masterplan, including 4,500 new homes.
Wakefield has also made it through to the next round of bids to secure a proportion of the £1billion Future High Streets Funding, in recognition of the challenges facing the city centre and the huge opportunities that significant investment would bring.
Cllr Denise Jeffery, Wakefield Council's Cabinet Member for Economic Growth and Regeneration, said: "We are pleased that the Government recognises the need for significant investment in order for the Council to be able to deliver on our plans and ambitions.
"We have already taken huge steps forward to improving our towns and city centre and any potential extra funding is always welcomed and will enable us to make even bigger changes for the benefit of our residents and visitors."
One hundred places have been asked to develop proposals for Town Deals. The Government will work with the Council to understand Wakefield and Castleford's local assets, opportunities and challenges.
The Government will shortly publish details of the process for applications.