Community Investment Fund looks set for additional funding
A scheme that provides cash support for community projects across Richmondshire looks set to top £1 million in funding.
Members of the District Council’s Corporate Board will this week (Tuesday October 12) be asked to add another £486,000 into the Community Investment Fund pot. This will need to be spent before the scheme closes in March 2023.
It would mean that since its launch in 2020, £1.036 million will have been allocated to the scheme.
Members will be told that so far 30 schemes have taken a share of £504,322, with another 17 projects waiting for a decision. Those applications amount to another £230,148.
If the funding stream is approved it will leave another £300,000 to allocate over the next 17 months.
So far projects including village hall refurbishments, play parks, community gardens and woodlands, footpaths, sports schemes and facility updates have received grant aid.
“The Community Investment Fund was introduced as a way of cutting through ‘red tape’ to allow communities to access grant funding quickly and easily to deliver projects where there is a genuine community need,” said Corporate Director, Callum McKeon.
“The fact that each round of funding has been so quickly allocated demonstrates the success of the scheme. The spread of community projects across the district shows that it is a fund accessible to anyone seeking to deliver a worthwhile local scheme whether it be related to community facilities, health and well being or sports delivery.”
The Community Investment Fund allocates cash to community and social projects across Richmondshire to support new projects and improvement schemes for facilities for local people.
For more information on the fund check our community grants page.