Boscombe council have submitted an ‘expression of interest’ for a portion of The Future of High Street fund.
The government-backed scheme aims to revitalise ailing town centres across the country.
It totals at £675 million.
The £25 million Boscombe has applied for is the highest available amount.
When the funding was announced on 26 December 2018, High Streets Minister Jake Berry MP said:
“We all know high streets are changing, we can’t hide from this reality. But we’re determined to ensure they continue to sit at the heart of our communities for generations to come…”
“Our Future High Streets Fund will drive forward this change, transforming our town centres into the thriving community hubs of the future.”
While Jane Kelly, a Boscombe councillor, also sees the significance of the money:
“Boscombe is one of the most deprived areas in the South West. So, therefore, to achieve the full amount of funding they’re offering means we could change the whole face of the town.”
Successful applicants will be announced in the summer.