Issue - meetings

Stockport UKSPF Communities and Place Grants Update

Meeting: 05/09/2024 - Economy, Regeneration & Climate Change Scrutiny Committee (Item 8)

8 Stockport UK Shared Prosperity Fund Communities and Place Grants Update pdf icon PDF 724 KB

To consider a report of the Deputy Chief Executive.

 

The report provides information on the further progress made with the UKSPF Communities and Place funding allocation for Stockport and the awarding of a second round of grant funding to a range of projects, and the next steps with the scheme.

 

The Scrutiny Committee is recommended to note the report.

 

Officer contact: Richard Mortimer on 0161 474 3864 or email richard.mortimer@stockport.gov.uk

 

Additional documents:

Minutes:

The Director of Development & Regeneration submitted a report (copies of which had been circulated) which provided information on the progress made with the UK Shared Prosperity Fund (UKSPF) Communities and Place funding allocation for Stockport and next steps for the scheme.

 

The following comments were made/issues raised:

 

·         Projects from the first round of funding were underway.

·         The council had now completed the process for a second round of bids for the available funding.

·         It was felt important that organisations not linked to the council were able to tap into the fund, although the good work of the monies allocated was recognised. Members were advised that the council sought to ensure that the funds were used for additional benefits to the wider community as opposed to supporting existing council commitments.

·         It was noted that any future UKSPF funding would form part of a devolution deal and it was expected that an investment plan would underpin any deal.

·         In response to a question as to whether the approach for the use of the fund would continue in the same way for future funding, it was noted that the council would reflect on the situation at the time and react accordingly.

 

RESOLVED – That the report be noted.