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£30m to support economic recovery in Scotland
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.
Communities Secretary Aileen Campbell 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.”
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