Up to £75m for Kirkby and Sutton takes a step closer

Tuesday 5 November 2019 Up to £75m for Kirkby and Sutton takes a step closer

  

More has been revealed about the huge investment that both Kirkby and Sutton are set to receive.

It was announced in September that both towns were set to each receive up to £25million as part of the Towns Fund.

The investment will be non-competitive funding and will be ring-fenced for the two towns.

Initial funding of £324k (£162k per town) has been granted to put structures and a vision in place in order to move to the next stage of agreeing a deal. As part of this, the Council will be working with the Discover Ashfield board, as well as local businesses and community groups.

The capacity funding will be used to produce a Town Investment Plan, together with a business case to access the funding, with further guidance to be published in early 2020.

Leader of Ashfield District Council, Councillor Jason Zadrozny welcomes the funding and is looking forward to the next steps of the process. He said: “To have up to this huge amount in uncompetitive funding coming to two Ashfield towns is a once in a lifetime opportunity for the area.  

“I have been working with Council officers over the past year to fight for much needed funding, our towns have been overlooked for decades so this is a long overdue boost.

“We are looking forward to working with the Discover Ashfield board to put plans together as well as engaging with our residents to find out how they want to see our towns grow.

The objective of the Towns Fund is to drive the economic regeneration of towns to deliver long term economic and productivity growth through Skills and Enterprise Infrastructure, Urban Regeneration and Connectivity.

The Government have launched the #MyTown campaign which gives people a say in how this generation of Town Deals should transform the place they call home. To have your say, residents should get in touch with Ashfield District Council via Facebook or Twitter and quoting #MyTown.

Ashfield District Council has also been awarded £95k in the next step of the Future High Streets Fund. The fund announced earlier this year could see Sutton receive further funding of up to £25million if its bid is successful.