South Holland District Council to unveil new £500,000 Community Development Fund for regeneration of area's town and villages
A new £500,000 fund is to be launched with the aim of helping to regenerate towns and villages across South Holland.
The Community Development Fund, through which interest-free and preferential rate loans will be made available to parish councils and other organisation for improvement projects in their area, is one of a number of plans unveiled by the leader of South Holland District Council, Gary Porter.
Further investment for the Pride in South Holland environmental clean-up programme, in addition to nearly £250,000 pledged for the coming year, is also planned to make it an established part of the council's £43million annual budget.
Coun Porter said: "We're going to have some serious challenges because the grant we get from the Government has gone down from the one we had last year.
"A greater proportion of our budget will go towards the Pride scheme and the intention is to embed the funding of it into the district council's budget.
"There will also be some regeneration projects for Spalding and Holbeach with the introduction of a Community Development Fund that will be used in those towns.
"But the Fund won't be exclusive to Spalding and Holbeach, with either interest-free or very cheap loans available to communities across the district."
The council's work will be led by Coun Porter and a new seven-member cabinet, two fewer than in the 2015-19 term.
Ex-deputy leader Malcolm Chandler has been replaced as deputy leader by Coun Gary Taylor who keeps his communities and facilities portfolio.
Meanwhile, work previously done by ex-Donington, Quadring and Gosberton district councillor Colin Johnson has been shared out across the existing cabinet.
Coun Porter said: "It cuts out some of the extra workload, although the overall cost of the new portfolio structure is the same as it was for the last council term."