Babergh District Council commits to supporting regeneration of Sudbury following failed bid for Government funding
Babergh District Council has committed to continue supporting the regeneration of Sudbury town centre, despite falling short in a bid for Government funding.
An application for a share of the £675 million Future High Streets Fund, which was established by the Ministry of Housing, Communities and Local Government (MHCLG), was unsuccessful, it was confirmed last week.
The council had hoped that securing a cash boost from this pot would help to advance its planned projects for Sudbury, including those set out in its Vision for Prosperity document.
But following the announcement last week, Cllr Michael Holt, cabinet member for economic growth at Babergh District Council, said the authority will continue to invest in the town, whilst also seeking other funding avenues.
“This is not the news we wanted, but we will continue to support our market town centres and high streets to regenerate and this will remain a priority,” he said.
“Sudbury is a significant heritage visitor destination town in the district, which is recognised as part of our Vision for Prosperity action plan.
“The plan will work towards enabling the town centre to attract more visitors, boost the local economy, develop opportunities and invest in improved facilities in the town centre.
“We were unsuccessful in Future High Street Fund bid but we will continue to invest in the area, actively seek further funding opportunities and support the town in realising its full potential.
“We will work with our community partners to develop and encourage some fantastic investment projects to improve local business prospects and the quality of life for residents.”