The third round of the Levelling Up Fund has been awarded to unsuccessful bids from round two.
The Department for Levelling Up, Housing and Communities (DLUHC) said the aim was to ‘move away from the competitive approach’ of the first two rounds, in response to criticism from the sector, and in line with the department’s approach of simplifying funding.
It also acknowledged ‘the large volume of robustly assessed, high-quality projects that were not able to be funded in the second round’.
A total of 55 projects have been provisionally awarded a total of £1.1bn, subject to final sign-off.
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