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£25m to transform communities
Emma Kennedy - February 29, 2016

Communities across Scotland are set to benefit from a share of £25 million to help regenerate their areas.

26 projects will receive funding from the Regeneration Capital Grant Fund (RCGF), Housing Minister Margaret Burgess and Cllr Stephen Hagan, COSLA Spokesperson for Development, Economy and Sustainability announced.

The fund, which has been developed in partnership with local authorities, supports projects that deliver new and improved infrastructure bringing significant positive outcomes for deprived areas. The funding brings the total number of RCGF projects supported to date to 66.

Projects receiving a share of the funding include:

  • £1.8m for Stranraer Town Centre Regeneration Initiative, aiming to improve links within the town centre
  • £290K to support the Craigsfarm Community Hub Project in West Lothian, which will create a create a space for recreation and office space
  • £1.15m for the Fraserburgh 2021 Project, which aims to redevelop two listed buildings for business and community use.

Mrs Burgess said:

“Local people are at the heart of these projects, which, with the help of this funding, will transform the spaces around them. Not only do these projects transform town centres, but they stimulate economic growth, and support and create jobs throughout Scotland.

Regenerating disadvantaged communities is a priority for this government, and I am delighted to continue to work with local authorities to announce this £25 million investment in a further 26 projects.”