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Friday, 07 March 2014 10:34

Govt announces further £multi-million flood funding

Chief Secretary to the Treasury, Rt Hon Danny Alexander and Communities Secretary, Rt Hon Eric Pickles have announced a £27.7 million package to create jobs and apprenticeships in coastal towns across the country, including areas affected by the recent floods, as part of the UK government’s long-term economic plan.

Over fifty projects across the UK were today awarded a share of £27.7 million of funding, supporting over 4000 jobs and creating over 1000 new apprenticeships and training places.

In England, £17 million is today allocated to economic development projects in areas affected by the recent severe flooding, so from Great Yarmouth to Weymouth and Devon to North Tyneside, communities can invest and rebuild their local areas after the recent extreme weather.

The Ministers also announced that bidding for the next round of the Coastal Communities Fund was now open and that bids on coastal flood protection and repair would be prioritised. The fund will support £64 million of projects across England, Wales, Northern Ireland and Scotland over the next three years - with special consideration for flood recovery projects in England.

Details of the fifty project winners announced today and how to bid for the third round of funding, can be found on the Big Lottery Fund’s website.

The Coastal Communities Fund was created to direct regeneration investment to seaside towns and villages to help rebalance their local economies, reduce unemployment and create new work opportunities for young people from the local area.

The fund has already supported more than 100 projects in the first two years delivering over 4,000 jobs and over 1,000 apprenticeships. This takes the expected total, including today’s projects, to over 6,500 jobs and 2,000 apprenticeships.

The new projects announced today include £1.3 million to diversify the tourism offer in Southend including a Seafront Apprenticeship scheme, £170,000 to develop the Arran Coastal Way in Scotland, £270,000 to develop Northern Ireland’s first lobster hatchery and £100,000 to support the creation of a new water sports centre in Colwyn Bay in Wales.

Danny Alexander said:

The Coastal Communities Fund allows us to help communities across the UK to rebuild and regenerate their local economy, with projects this year supporting nearly 4000 jobs and 1000 training places.

This is even more important given the extreme weather and I’m very pleased we’re giving £17 million of the fund to projects in areas hit by floods. Additionally, we have invested £5 million from the fund’s reserve into the government’s programme for flood recovery.

The Coastal Communities Fund is supporting some of the most fragile communities. It is a great way to make sure that people living around our coastline can share in the benefits of the increased returns for the Crown Estate’s marine activities.

Ministers also launched the third round of the fund, now extended to span 3 years. In England, bids for flood management schemes and projects to repair the recent flood damage will also be included as part of the next round of project winners.

The fund is also supporting inland areas in England that are affected by flooding through a one off £5 million freed up from the Coastal Communities Fund reserve to go towards flood recovery projects as part of the Severe Weather Recovery Scheme. This will not affect the funding allocated to existing or future budgets.

The Government has separately also published a Guide to available funding which outlines what support is available to eligible local authorities, households and businesses since the beginning of December 2013 and how to apply.

Click here to download Flood support schemes: funding available from central government

 

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