To ask the Secretary of State for Housing, Communities and Local Government, whether he plans to extend the deadline for when significant spend on successful bids to the Levelling Up Fund has to be achieved.
This answer is the replacement for a previous holding answer.
20 September 2021
In the first round of the Levelling Up Fund, we will prioritise projects which are able to demonstrate investment or begin delivery on the ground in the 2021-22 financial year. We would expect all funding provided from the Fund to be spent by 31 March 2024, and, exceptionally, into 2024-25 for larger schemes. The approach set out in the Prospectus will be kept under review for future rounds and announcements about the future of the Fund will be made later this year.