The mechanism by which councils will have the opportunity to bid for funding of up to £25m as part of the government’s £3.6bn Towns Fund has been unveiled by Midlands Minister, Robert Jenrick. The Towns Fund prospectus provides information to councils in 100 places chosen to pioneer Town Deals and councils will receive a share of £16.4m funding to shape up their plans.The funding could be used to redevelop vacant buildings and land, support small businesses, boost transport links and increase access to high-speed broadband.Lead councils in each place will now bring together a Town Deal Board, including representatives from across the public, private and voluntary...
