Question reference: S6W-26371
- Date lodged: 21 March 2024
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Current status: Answered by Joe FitzPatrick on 18 April 2024
Question
To ask the Scottish Government, further to the answer to question S6W-26028 by Joe Fitzpatrick on 15 March 2024, how it will ensure that the regeneration budget allocated for 2024-25 is targeted at projects in local authority areas such as Fife, to ensure an equal spread of funding across the country.
Answer
As a result of the challenging capital funding position Scottish Ministers have had to make difficult decisions and, unless there is a significant reversal of the UK Government's cuts to capital allocations, no new project funding for the Regeneration Capital Grant Fund and low carbon Vacant and Derelict Land Programme will be allocated for 2024-25.
We will continue to support place-based community-led regeneration in our most disadvantaged communities through the Place based Investment Programme with local authorities receiving a share of this funding in line with the allocation formula agreed with COSLA. Confirmation on the allocation for 2024-25 will be provided in due course. Fife Council also remain eligible for the Vacant and Derelict Land Fund and have an indicative allocation of £1.11m in 2024-25.