Three towns in Nottinghamshire and Derbyshire have been announced as being in line for a multi-million-pound cash boost a part of the Government’s flagship Towns Deal Programme.
Ashfield (£62.6m), Long Eaton (£24.8m) and Stapleford (£21.1m) are part of twenty-six new town deals in England that will share over £610 million to boost local economies, create jobs and help towns build back better from the pandemic.
The Deals will help breathe new life into neglected areas or unused buildings by creating vibrant spaces for businesses, community events or much needed new homes. Today’s announcement means that seven Towns Deals have now been agreed in the region – totalling nearly £200m investment in communities across D2N2.
D2N2 CEO, Sajeeda Rose, said: “I am pleased to see Government’s latest commitment to invest within the East Midlands. The funding will address long term structural challenges within our towns, which will support wider economic growth across the region leading to more productive, prosperous, and inclusive communities”