Clay Cross has been shortlisted as one of the 100 towns invited by the Government to submit a proposal to its £3.6 billion New Towns Fund.
The announcement of which places where shortlisted for the fund was made by Local Government Secretary, Robert Jenrick on Friday 6 September 2019.
The 100 places chosen for the shortlist include places with a proud industrial and economic heritage, but which have not always been able to benefit from economic growth as much as other areas.
Clay Cross is one of 33 places within the Midlands Engine area that have been chosen to become pioneers of Town Deals as part of the Government’s commitment to level up all regions by boosting productivity, skills and living standards.
Cllr Martin Thacker MBE, Leader of North East Derbyshire District Council said, “This is incredible news for Clay Cross and our wider District of North East Derbyshire.
Working together as a team, we have managed to secure funding to help the continued improvement and regeneration of Clay Cross town centre, ensuring that we can build the right infrastructure and develop the skills we need for the future.”
The government will soon publish a prospectus that will help guide towns through the process and set the eligibility criteria for the funding. When this has been released, North East Derbyshire District Council will work with a range of partners in both the public and private sector, to develop their proposal for improving Clay Cross.
Once approved, new Town Deals will improve connectivity, provide vital social and cultural infrastructure and boost growth – with communities having a say on how the money is spent.