Decision details

Sheffield City Council were successful in securing Levelling Up Funding - £20m Castlegate, £17m Attercliffe. The funder would like to start releasing funds from February 2022.

Authority to accept the grant is requested to allow delivery of the projects.

Not accepting the grant will result in the Council losing the funding and the much-needed investment in 2 key areas of the city.

That the Leader of the Council:

• Accepts the grant offers from the Department for Levelling Up, Housing and Communities of £17,041,850 and £20,000,000 respectively as part of the Levelling Up Fund and for the Council to be the Accountable Body;
• That the Council enter into two Memorandum of Understandings with the Department for Levelling Up, Housing and Communities.

The preferred option, to accept the funding and deliver the projects within the bids, takes advantage of an opportunity to regenerate key parts of the city. The funding will allow us to deliver improvements that residence, business owners and other key stakeholders are keen to see happen and will make a real difference to the local communities.

It is therefore recommended that approval is given to accept the funding offered by the Department of Levelling Up, Housing and Communities.

Not accepting LUF funding would mean foregoing the opportunity to deliver significant capital interventions in both Attercliffe and Castlegate and the associated economic, environmental and social benefits. No benefits would be delivered along with no contribution to the one-year plan.

If the proposed programme does not come to fruition, the impact will be a continued decline in areas that have already suffered years of economic and social deterioration. These areas cannot continue to be ignored, if this funding is lost alternative funding will need to be sought to allow the necessary investment to be made to support the regeneration of these parts of the city.