Rachel has described as “amazing” the announcement that Redditch is set to receive £25 million in funding from the Government for a Town Deal.
Redditch is one of 100 towns across the country invited to develop proposals for a new generation of multi-million-pound Town Deals which were announced by Local Government Secretary Robert Jenrick MP last Friday (September 6th).
The towns eligible for support from the £3.6 billion Towns Fund include places with proud industrial and economic heritage but have not always benefited from economic growth in the same way as more prosperous areas.
Communities, businesses and local leaders will now join forces to draw up ambitious plans to transform their town’s economic growth prospects with a focus on improved transport, broadband connectivity, skills and culture.
A total of 45 places across the Northern Powerhouse and 30 places in the Midlands Engine are among the 100 pioneers of new Town Deals as part of the government’s commitment to level up all regions by boosting productivity, skills and living standards.
In welcoming the announcement, Rachel said:
“This is what I have been working for unceasingly and now the campaign has paid off. We can use the cash for skills, transport, infrastructure, digital and investments to regenerate our whole town and #UnlockRedditch!
“Plans will be put together by local people, local government and business, with the objective of building a great place to live, work and play. I can’t wait to see these plans unfold.”
The government will soon publish a prospectus to guide towns through the process and set eligibility criteria for funding.
Once approved, new Town Deals will improve connectivity, provide vital social and cultural infrastructure and boost growth – with communities having a say on how the money is spent. Decisions on funding any proposals will be made in due course.
The Leader of Redditch Borough Council, Cllr Matt Dormer said:
“The Conservative administration has made no secret about our commitment to ‘Unlocking Redditch’ as we know what potential this town has.
“This is a great opportunity for us to get our ideas down and share our vision for Redditch and put forward a proposal to the Local Government Secretary.
“Being on the list of the 100 places eligible for this cash is great news and we will work together with our communities and partners to successfully claim what Redditch deserves.”
Cllr Mike Rouse, Portfolio Holder for Leisure & Cultural Services, added:
“I am especially pleased to see that culture is listed as one of the key aspects of this fund.
“Redditch has a rich industrial-based heritage that we have already started to unlock, and with this additional funding we will be able to reforge Redditch into an even better place to live, work and play.”