Pride in Place Programme
The question
To ask the Secretary of State for Housing, Communities and Local Government, what timelines are in place for the allocation of the £301 million High Street Innovation fund announced in March and what specific metrics will be used to determine how funds are allocated.
Answered by Nesil Caliskan
The Government will bring forward a High Streets Strategy later this year, backed by £301 million. Within this envelope, £61 million will support the Pride in Place Community Right to Buy Fund, empowering communities to take control of valued local assets, and £10 million will fund High Street Rental Auctions to bring vacant properties back into use.
This funding will also establish new High Street Innovation Partnerships, supporting some of the most challenged high streets to transition to more resilient, mixed-use models. Further detail, including locations, will be set out in due course.
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