£30 million to support economic recovery.
All of Scotland’s 32 local authorities and more than 25 individual community regeneration projects will receive a share of £30 million of new investment for regeneration and town centres.
The funding will be available immediately through the Regeneration Capital Grant Fund (RCGF) and the Town Centre Fund (TCF), both delivered in partnership between Scottish Government and COSLA.
The Govanhill Baths refurbishment in Glasgow, Midmills in Inverness, which will support creative industries and cultural social enterprises in the Highlands; and the Mossedge Centre, which will be a multi-purpose facility for use by the surrounding communities in Linwood Renfrewshire are among the community led regeneration projects that will benefit from this funding.
Communities Secretary Aileen Campbell yesterday said:
“We want to go beyond rebuilding – to refresh and reform and help drive the social and economic renewal necessary to achieve the best future for Scotland.
“This further £30 million capital funding for regeneration and town centres will stimulate local construction across Scotland and support disadvantaged areas in the recovery.
“Communities are best placed to identify specific needs and aspirations and this regeneration funding enables the delivery of a wide range of locally-developed projects to be made into reality.
“Our places must work for our communities, and the Town Centre Funding will build on the success of last year’s fund. With it, local authorities will be able to drive forward projects that help people live better locally and reduce their carbon footprint while driving footfall to local businesses.”
COSLA Environment and Economy Spokesperson Cllr Steven Heddle yesterday said:
“The additional challenges facing Scotland’s most vulnerable communities due to the coronavirus (COVID-19) pandemic means there has never been a more important time to strengthen the economic, social, and physical wellbeing of our places.
“This additional funding for the Regeneration Capital Grant Fund and Town Centre Fund will support the regeneration aspirations of our communities, and also accelerate the delivery of projects to support the recovery, tackle disadvantage and deprivation and support jobs.”
Linwood Community Development Trust will receive £400,000 from the RCGF this year to bring forward completion of the Mossedge Centre. Trust Manager Kirsty Flannigan yesterday said:
“Complemented by the existing 3G pitch, the Mossedge Centre will provide a resource for all within the local community, including a purpose-built home for our community run Roots Shop.
“Now we see the finishing line in sight, and can look forward to the post-pandemic future with confidence, knowing that this project will provide a legacy for present and future generations of the Linwood community."
This funding will support accelerated delivery of projects this year, and forms part of the £230 million Economic Recovery Stimulus package announced by the Cabinet Secretary for Finance in June. It includes:
- an additional £18 million through the Town Centre Fund (TCF)
- an additional £12 million through the existing Regeneration Capital Grant Fund (RCGF)
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