Research Briefing
Published Wednesday, 13 January, 2021
There will be a Westminster Hall debate on the Towns Fund on Thursday 14th January 2021 at 1:30 pm. Paul Britsow MP will open the debate
The Towns Fund (265 KB, PDF)
Download full reportDownload ‘The Towns Fund’ report (265 KB, PDF)
The Towns Fund was announced by the Ministry of Housing, Communities and Local Government in July 2019, with total funding of £3.6 billion – this funding is composed of three separate strands:
Both the Future High Streets Fund and Towns Fund cover England only.
The Future High Streets Fund and Towns Fund are described in greater detail in the attached document; information on the further bidding round for towns not selected as one of the 101 towns invited to develop a Town Deal has yet to be published.
[1] Ministry of Housing, Communities & Local Government, Future High Streets Fund, 26 August 2019
[2] House of Commons Public Accounts Committee, Selecting towns for the Towns Fund, HC 651, 2 November 2020, pg. 8
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