Theo Clarke MP is pleased to announce that after numerous meetings with the Secretary of State for Housing, Communities and Local Government and working with Stafford Borough Council, Stafford is set to receive £14.37 million in Government funding from the Future High Streets Fund.
In a major boost for local high streets, up to £830 million from the Future High Streets Fund will be invested in 72 areas across England, Communities Secretary Robert Jenrick announced today. The funding will help these areas transform their high streets into vibrant hubs for future generations and to protect and create thousands of jobs.
In a key milestone for the government’s levelling up agenda, this investment will help areas to recover from the pandemic while also driving long term growth. It will enable the delivery of ambitious regeneration plans, drawn up by places, and fund new local projects such as improvements to transport infrastructure, new homes and the transformation of underused spaces. This funding is part of wider support the government is providing to communities and businesses, to protect jobs, support the most vulnerable and ensure no one is left behind as we tackle the COVID-19 pandemic head on.
Theo Clarke MP for Stafford said:
“I am delighted that Stafford has been awarded £14.37 million from the Future High Streets Fund.
“It will help our town to get through this pandemic and support our high street through business grants, paying people’s wages and tax deferrals.
“This investment will help ensure our area can bounce back from the impact of coronavirus”
Communities Secretary Rt Hon Robert Jenrick MP said:
“The year ahead will be a big one for the high street as it seeks to recover, adapt and evolve as a result of the pandemic. Today’s £830 million investment from the Future High Streets Fund is one of many ways the government is working to help our much-loved town centres get through this and prosper into the future.
“The role of high street has always evolved. We want to support that change and make sure that they are the beating heart of their local community – with high quality housing and leisure in addition to shops and restaurants.
“This investment will help us build back better and make town centres a more attractive place to live, work and visit.”