Source · Select Committees · Housing, Communities and Local Government Committee
Recommendation 25
25
Paragraph: 84
UK Shared Prosperity Fund's 3-year allocation causes difficulties for long-term programmes
Conclusion
One criticism of the UKSPF, which has been reiterated is that funding is only allocated for 3 years. In comparison, previous EU funding was allocated over 7 years. The shorter time frame for this replacement fund has caused difficulties for many organisations who require a longer term in which to achieve the interventions for which they are seeking funding.
Paragraph Reference:
84
Government Response
A response document is linked to this report, dated 26 October 2023. Response attribution to this conclusion has not been verified. Read the response document ↗