High Wycombe has been chosen as one of only 57 towns to win funding from the Future High Street Fund competition.
Thanks to a successful bid for funding by Buckinghamshire Council, High Wycombe is one of only 57 towns in the whole country to win funding from the Future High Street Fund competition run by the Ministry of Housing, Community and Local Government (MHCLG).
The Future High Streets Fund award of £11.7million will be used to renew and reshape the town centre in a way that improves people’s experience, drives growth and ensures future sustainability.
In the next few weeks, Buckinghamshire Council will be working on more detailed plans which it will submit to MHCLG by the end of February 2021.
Alongside the MHCLG funding, Buckinghamshire Council has approved £3.4million of capital funding allocated to the programme making an overall investment of £15million in to the town centre. The final deadline for spending MHCLG funds under the programme is March 2024.
Cllr Steve Bowles, Cabinet Member for Town Centre Regeneration said: ‘This is fantastic news for High Wycombe. I’m both pleased and proud that our bid was successful and that we are one of only a few towns in the whole country to get this money.
I’m looking forward to the next exciting phase of developing our plans and ideas for the town and after that, working to deliver some great projects which will make High Wycombe fit for the future.‘
The funding will be subject to review and confirmation by MHCLG.
*Source of article : Press release from Buckinghamshire Council.