Purpose

To consider and approve UK Shared Prosperity
Fund allocation and projects for 2025/26

Content

1.         That the
financial allocations of the Council’s financial allocations
of UK Shared Prosperity fund (UKSPF) for the financial year 2025/26
be approved.

2.         That
authority be delegated to the Director of Environment and Property,
in consultation with the Cabinet member for Housing, to finalise
the arrangements for the allocation for 2025/26 to:

(a)        determine the
final list of specific projects, following the call for
applications process, in line with the allocations in the Annex to
the report, to be funded through the Council’s UKSPF
allocation for the financial year 2025/26; and

(b)       finalise any changes
required to financial allocations by investment priority as
required.