Decision details
Rural England Prosperity Fund Review of Investment Priorities
Decision Maker: Strategic Director of Place, Operations & Sustainability
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
All Rural England Prosperity Funds (REPF) must
be fully spent by 31 March 2025. As projects take time to complete
and can experience delays, 01 December 2024 has been set as the
final date for projects to be completed and claim their grant
monies from the Council. Any unspent funds must be returned to
government. Whilst grants have already been allocated to
businesses, uptake has been slower than anticipated. Given the REPF
deadline, it is proposed that a proportion of funds from the
remaining business grants are reallocated to the community
infrastructure grant scheme. This will enable further support for
impactful projects to benefit our communities and help to ensure
the REPF allocation is utilised in full within the district by the
closure deadline.
Decision:
That the proposals outlined in this document
be approved.
Contact: Clive Tritton, Interim Assistant Director, Place and Development Email: clive.tritton@nfdc.gov.uk.
Publication date: 13/03/2024
Date of decision: 07/03/2024
Accompanying Documents:
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