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Leicestershire’s transport policies and plans aim to deliver a more sustainable transport system that manages carbon emissions, improves public health and safety and supports the economy and housing growth.
We also undertake transport studies, promote transport schemes and submit bids for transport funding to deliver schemes.
We have a strong track record of successfully bidding for external funding. Between 2014 and February 2019 over £120 million was successfully secured to invest in supporting growth and improving the county’s transport infrastructure.
Some of the national funding opportunities are set out below.
Housing Infrastructure Fund (HIF)
The Housing Infrastructure Fund is a government programme that aims to help to deliver up to 100,000 new homes in England. Funding is awarded to local authorities on a highly competitive basis, providing capital grant funding for new infrastructure that will unlock new homes in the areas of greatest housing demand.
Highway Maintenance Challenge Fund
The purpose of this Department for Transport (DfT) fund is to enable local authorities to bid for major maintenance projects that are difficult to fund through other channels.
In 2019 a £198 million national fund was announced, split over two financial years.
On 31 October 2019 we submitted two bids to the Department for Transport (DfT) for funding from the Challenge Fund. These can be viewed below:
It is anticipated that the DfT will announce its decision in Winter 2019.
Local Pinch Point
The purpose of this DfT fund is to help address congestion pinch points, reducing congestion on local roads. The fund aims to support economic growth, by tackling barriers on the local highway network that may be restricting the movement of goods and people.
In 2019 it was announced that £150 million funding was available - £75 million in each financial year 2021 to 2022 and 2022 to 2023.
National Productivity Investment Fund (NPIF)
The government’s introduced this fund to target areas that were critical for productivity: housing; research & development (R&D) and economic infrastructure.
Highways England’s Growth and Housing Fund aimed to bridge funding shortfalls in highways schemes that had stalled. The fund was specifically targeted at mature local highways schemes that could both deliver improvement works on the ground and enable the delivery of jobs and homes wherever possible.
We are currently delivering two transport projects that GHF is helping to fund: