The Ministry of Housing Communities and Local Government, on 1 November 2019, launched a prospectus for a £3.6billion Towns Fund, established to address growth constraints and provide the core public investment that builds on a series of government-led growth agreements with local areas, aimed at rebalancing the economy. The fund is designed to propose a range of interventions that drive the renewal of towns to generate long-term economic and productivity growth, with three specific objectives:
- Urban regeneration, planning and land use: Thriving places for people to live and work through strengthening local economic assets, remediation, preparation and regeneration
- Skills and enterprise infrastructure: Driving private sector investment and ensuring towns have the space to support skills and small business development
- Connectivity: Developing local transport schemes that complement regional and national networks, and support the delivery of improved digital connectivity.
More information can be found on the Goole Town Deal Website https://www.gooletowndeal.co.uk/