In the coming weeks the Department will publish the prospectus for the second round of the Levelling Up Fund (LUF). Announced at the 2020 Spending Review, the Fund will focus on capital investment in local infrastructure. It is designed to have a visible, tangible impact on people and places, and support economic recovery, through prioritising bids that invest in regeneration and growth in places in need and areas of low productivity and connectivity.
In Northern Ireland, the UK Government will accept bids from a range of local applicants, including but not limited to businesses, voluntary and community sector organisations, district councils, and other public sector bodies.
In round one, there were 11 successful project in Northern Ireland, totalling £49m. These included a £12.2 million project to regenerate the Dundonald International Ice Bowl in, a £3 million Greenways project in Ards and North Down, and town centre regeneration schemes in Antrim and Glengormley. The Department for Levelling Up, Housing and Communities is eager to see more investment into a wider range of projects and organisations across Northern Ireland through the second round of funding.
Detailed information on how the upcoming round of the Fund will operate will be published shortly.
To find out more about the fund click HERE
the Department will be hosting an informational webinar to promote the second round of the Levelling Up Fund on 26th April 2022 at 3pm. Please attend the session using this LINK