Levelling Up Fund Round 2 launched

News article

Fund designed to invest in infrastructure that improves everyday life across the UK with £4.8 billion to be invested through to 2024-25

The second round of the Levelling Up Fund has been launched by the UK Government. Businesses, voluntary and community sector organisations and councils can benefit.

The Levelling Up Fund is designed to invest in infrastructure that improves everyday life across the UK. The £4.8 billion fund will support town centre and high street regeneration, local transport projects, and cultural and heritage assets.

Across England, Scotland, Wales and Northern Ireland, unitary authorities (including metropolitan borough councils), London borough councils and district councils in two tier areas in England are eligible to submit bids for the second round of the Levelling Up Fund which was announced in the 2022 Spring Statement.

In addition to local authorities, the UK government will accept bids from a range of local applicants in NI, including but not limited to businesses, universities, voluntary and community sector organisations, district councils, the NI Executive, and other public sector bodies.

The second round of the Fund will look to build on the first round, which saw £1.7 billion awarded to 105 successful projects across the UK, and focuses on the same three investment themes:

  • transport investments
  • regeneration and town centre investment
  • cultural investment

Investment proposals should focus on supporting high priority and high impact projects that will make a visible positive difference to local areas. What constitutes priority investment will vary across local authorities and geographies, including in rural areas.

For guidance for potential applicants on areas such as eligibility criteria, assessment and decision-making processes, you can find out more with the Levelling Up Fund Round 2 Prospectus.

The application window opened from Tuesday 31 May 2022.

Eligible applications must submit their full bids, with all supporting documentation via the online portal, by 12 noon on 6 July 2022.

Frequently asked questions

The Department for Levelling Up, Housing and Communities (DLUHC) has produced an FAQs document in response to customer queries about the fund. The page will be updated regularly during the application window as more questions are answered - you can find the FAQs here.

Information webinar

DLUHC held an information webinar on the Levelling Up Fund Round 2 on 26 April 2022 - you can watch a recording of the webinar and access the accompanying slides.

First published 22 April 2022

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