Publication - Progress report
Infrastructure Investment Plan 2011 - Updated Programme Pipeline (January 2015)
Update to the Programme Pipeline as at January 2015.
REGENERATION
| Programme | Capital value (estimate) | Timetable for delivery | Finance and delivery | Strategic links and progress update |
|---|---|---|---|---|
| Implement regeneration strategy - details within the Regeneration Strategy | Regeneration Investment Fund capital amount of £150 million over Spending Review period (2012-13 to 2014-15). | 2011-2022 NB - capital fund includes £50 million Joint European Support for Sustainable Investment in City Areas ( JESSICA) - Scottish Partnership for Regeneration in Urban Centres ( SPRUCE) fund which is an evergreen fund with money being recycled and reinvested into new projects. |
JESSICA - SPRUCE fund: £50 million over Spending Review. £75 million of grant funding for capital regeneration projects over the Spending Review, including £48 million for Urban Regeneration Companies in the first two years. 22 projects benefitted from the new Regeneration Capital Grant Fund in 2014/15 which was developed in partnership with COSLA. A further 18 projects will benefit in 2015/16. Over £26 million to tackle vacant and derelict land over the Spending Review. |
Regeneration activity is focused on ensuring that people live in socially, physically and economically sustainable communities as set out in the Regeneration Strategy - Achieving a Sustainable Future. Regeneration is fundamental to the Scottish Government's overall purpose of sustainable economic growth - tackling area inequality, addressing market failure and creating job and business opportunities. Our activity focuses on outcomes and to put communities first, involving local residents and empowering communities to take action themselves. |
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