FUNDING

'Challenge' of futureproofing Towns Fund projects

Councils face challenges in covering the mounting costs to maintain Towns Fund projects, a Government report has found.

Stevenage was allocated £37.5m from the Towns Fund © Altaf Shah / Shutterstock.com

Councils face challenges in covering the mounting costs to maintain Towns Fund projects, a Government report has found.

The initial findings of an evaluation by the Ministry for Housing, Communities and Local Government (MHCLG) published last week said ‘futureproofing' of Towns Fund capital projects was ‘challenging' with no funding allocated to ‘support project operation and maintenance' once completed.

Martin Ford

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