A grant of £1.56m pounds has been awarded to Fife Council by the Scottish Government to invest in supporting town centre projects and assist in recovery from the effects of Coronavirus. This further funding is to be used to support town centre projects that boost the construction industry and support jobs during the current financial year 2020-2021.
At Fife Council's Policy and Co-ordination Committee Meeting today (19th November) members agreed to support projects including: Abbot House in Dunfermline, Cowdenbeath Town House, the redevelopment for affordable housing of the Bonnygate Cupar gap site and the area known as the Inner Court. A small business grant fund to support shop front, internal fit out and conversions of upper floors to housing/other uses will also be established.
This small grant will offer funding of between £6,000- £10,000 to help town centre business and property owners in the recovery phase of Coronavirus to develop premises fit for the demands of a 21st Century town centre.
Commitee members were also updated on the existing £4.335m programme of projects agreed at the Policy and Coordination Committee 18th June 2019.
Gordon Mole, Head of Business and Employability, Fife Council, said: “Our towns provide a great range of shops and services and they have adapted to keep serving local people and providing essential services. Our town centres are important retail, service and social places. Fife Council is encouraging people to stay safe and spend local and I am confident that investment in these projects will reap benefits for businesses.”