HS2 Community and Business Funds
Funds available to communities and local economies that are disrupted by the construction of High Speed Two (HS2).
皇冠体育app objective of these funds is to add benefit, over and above committed mitigation and statutory compensation, to communities and local economies along the HS2 route demonstrably disrupted by the construction of HS2.
A combined total of 拢40 million has been made available for Phase One of the scheme. 皇冠体育app funding was launched at Royal Assent of the Phase One Act and opened for application in March 2017.
An announcement in January 2018 confirmed that an extra 拢5 million would be made available for Phase 2a (West Midlands to Crewe). This brings the overall total of CEF and BLEF for Phases One and 2a to 拢45 million. 皇冠体育appre is no fixed allocation between CEF and BLEF.
皇冠体育app additional 拢5 million for Phase 2a will be made available following Royal Assent (confirmation) of the Phase 2a Bill.
Groundwork have now carried out a
Community and Environment Fund (CEF)
皇冠体育appre will be two types of CEF grant:
- 鈥�CEF Local鈥� will focus on quality of life and environment in individual communities;
- 鈥�CEF Strategic鈥� will focus on large projects across several communities and address strategic rather than purely local concerns.
Business and Local Economy Fund (BLEF)
皇冠体育app BLEF will focus on projects or programmes across several business sectors and address employment concerns in an area as opposed to individual businesses.
Groundwork UK are the independent Grant Management Body for both funds.
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