The final stage of a bid process to secure funding to regenerate Heanor town centre, has been completed and now Amber Valley Borough Council must wait to see if it is awarded over eight and a half million pounds from the Government’s Future High Street Fund.
The sum of £8,592,837 was included in a provisional offer made to the council in December of last year to develop this exciting proposal and the council’s latest submission outlines how the money will deliver the scheme.
The Future High Street Fund is a £675 million Government grant to help towns across the county to respond to changes in retailing and consider how we use our town centres and aims to regenerate town centres as attractive places to live and work for the future.
The council could only put forward one town and Heanor was identified as the Amber Valley location that demonstrated the highest need and has potential to make a transformational change to secure its long-term future and offered the best chance of securing the grant to support the borough.
The aim of the project is to deliver a sustainable future for Heanor and encourage positive benefits for those to live, work and enjoy the town, and have evolved around three core themes.
Amber Valley Borough Council, Heanor and Loscoe Town Council, Heanor stakeholders and developers are working together to bring positive change for the town and invest in its future.
Commented, Councillor Ben Bellamy, Amber Valley Borough Council’s portfolio holder for regeneration and community safety: "An incredible amount of hard work has gone into this bid from council officers, members and our partners, and we are now eagerly awaiting the outcome of those efforts in the next few weeks. The plans put forward would have a huge impact in helping revitalise Heanor and it would be wonderful to get the go-ahead to begin work."
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