Issue details

To provide an update on the development of the Plan for Neighbourhoods process that will release up to £20million of new funding per town over ten years from 1st April 2026 for Skegness, Boston and Spalding – subject to the submission of a ten year regeneration plan and four year rolling investment plan to MHCLG by the target date of December 2025 . The recommendations will authorise and enable officers to prepare, consult, engage, assess, undertake feasibility and create the Regeneration and Investment Plans required by MHCLG for each town. They will also authorise the release of capacity funding to be spent against the production and development of these plans. The plans will be brought back in draft form to be reconsidered and approved for submission later.