Successful funding bid is great news for Erith!

Erith Town Centre

A successful funding bid by the London Borough of Bexley is set to give a major boost to regeneration in Erith town centre. The Mayor of London’s ‘London Regeneration Fund’ has allocated just under £2m, which will be matched by the Council, to provide £3.9m of investment in Erith.

The success of the Council’s bid to the London Regeneration Fund will finance major physical improvements to key areas of the town, particularly to the area between the Town Hall and the Post Office. It will also pay for activities designed to re-energise the area and to improve training and job opportunities for local residents.

“The success of our bid is great news for the town,” said Cllr Linda Bailey, Cabinet member for Regeneration and Growth. “Erith has huge potential and our aim is to ensure it is developed in a sustainable way, with well-designed improvements that deliver the results local people need. We have also made complementary bids to two further funds managed by the Mayor of London and hope to be able to say more on that in the next few weeks ’.

“I am also delighted that Peabody, one of our key partners, has also made a successful bid to the fund for a project in Abbey Wood / Thamesmead, and we are looking forward to working with them.”

The London Regeneration Fund is administered by the Mayor of London and aims to re-energise the capital’s high streets and create great places to visit, live and do business.

The Mayor of London Boris Johnson MP said: “High streets and town centres the length and breadth of London are a hive of economic activity fuelled by creative minds. It’s important that we make sure they continue to meet the needs of a rapidly evolving city and the talented people who are key to its future success. It is fantastic to see so many applicants to this fund, offering innovative ways to nurture and support the dynamism and creativity that will power our economy in the years ahead.”