Levelling Up Fund
The Levelling Up Fund (LUF) was announced at the 2020 Spending Review. The fund focuses on capital investment in local infrastructure, and is prioritising regeneration and growth in places in need and areas of low productivity and connectivity. The fund will invest in local infrastructure that has visible impact on people and their communities. This includes a range of high value local investment priorities, including local transport schemes, urban regeneration projects and cultural assets. The fund will focus on projects requiring up to £20 million and bids could be for a single projects or a package of up to three projects, providing the projects are aligned and coherent.
Wyre Council are currently considering submitting a bid to the first round of Levelling Up Fund for Fleetwood during summer 2021.
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