Newhaven has been successful in its bid to the Government’s Future High Street Fund and will receive just over £5 million in funding for regeneration.
Launched in December 2018 as part of the Government’s Plan for the High Street, the £675 million Future High Streets Fund will help local leaders implement bold new visions to transform their town centres and make them fit for the future with co-funding to consolidate properties on the high street, improve transport and access into town centres and convert retail units into new homes.
Newhaven’s bid, one of over 300 from across the country, was backed by Maria Caulfield MP and the then Conservative run Lewes District Council as part of their ongoing plans to regenerate Newhaven town centre, bringing in shops, jobs, housing and an all-round better economy and experience in the town for local people.
The bid has now passed all of the necessary steps to be approved by the Secretary of State for Housing, Communities and Local Government, releasing £5,004,938 of funding to help regenerate Newhaven.
Maria Caulfield MP said “Since first being electing I have made it one of my priorities to regenerate Newhaven into a thriving coastal port town. This £5 million from the government’s Future High Street fund will make a big difference to the town centre and once the plans come to fruition residents will see a noticeable difference. I am delighted that the bid has now been approved by the government and would like to thank all those who worked so hard to make it happen.”
In a letter to Maria Caulfield MP confirming Newhaven’s success, the Minister for Regional Growth and Local Government Luke Hall MP wrote “I am delighted to confirm that the proposal has been approved by the Secretary of State who has agreed to award funding of £5,004,938 to invest in Newhaven. I would like to take this opportunity to thank you for your involvement with this application. I look forward to working with you to transform your local high street and town centre into an even more vibrant place to live, work and shop.”