Funding
In 2019 Cabinet approved a £12m allocation of funding from the £100m Town Centre Strategy Fund and an additional £4m of funding from the 2019/20 Capital Programme to be create strategies and masterplans in consultation with the local community and support targeted intervention in Farnworth, Horwich, Westhoughton and Little Lever town centres where they will ultimately attract private sector investment and secure development proposals.
Following the submission of an expression of interest for up to £25 million funding from the Future High Streets Fund. Farnworth town centre has successfully reached the next stage in the process, the development of the business case. The draft business case was submitted on 15th January 2020. The final business case is due to be submitted on 30th April 2020 with the outcome expected in Summer 2020.