RESOLVED: 1) That the projects for allocation of UKSPF funding of £1,062,709 for 2024/25 against the agreed interventions contained in the West Norfolk Investment Plan (WNIP) as set out in sections 3 and 4 of the report be approved.
2) That the REPF funding of £225,000 for Active Travel projects in 2024/25 as set out in Table 6 of the report be approved.
3) That delegated authority be granted to the Assistant Director for Regeneration, Housing & Place in consultation with the Portfolio Holder for Business to approve in year budget reallocations of UKSPF funding for 24/25 to ensure fulfilment of spend. (Section 7 of the report).
Reason for Decision
To ensure timely delivery of two complementary government grant funding streams in line with government guidance, West Norfolk Investment Plan, the Rural Addendum and Corporate Business Plan objectives. The UKSPF will support residents and business to; build pride in place, high quality skills training, supporting pay, employment, productivity growth and increasing life chances. REPF will support investment in micro and small enterprises in rural areas and in the development and promotion of the rural visitor economy, enhancing active travel provision in rural areas, investing in capacity building and infrastructure support for local rural groups and supporting volunteering and social action groups in rural communities.
It was not possible to adopt the recommendation from the Environment and Community Panel as the grant funding was tied in a contractual arrangement. Suggestions were made which may help the unparished area apply for grant.