Leaders agree Capital Programme funding
Mon 13th January 2025£24.6 million of funding secured as part of Hull and East Yorkshire’s devolution deal is in line to be spent on key projects, after approval was granted by the Leaders of Hull City Council and East Riding of Yorkshire Council.
They have agreed to proposals to formally allocate ‘in year’ capital funding awarded as part of the deal struck with the Ministry of Housing, Communities and Local Government to devolve powers to local decision makers.
Projects to benefit will include flooding and coastal programmes, as well as transport spending for Bridlington, Hessle, Howden, Pocklington, and the Kingswood area of Hull.
There will also be money for the Queens Gardens refurbishment in Hull and the Rawcliffe Bridge Solar Farm.
£4.6 million will go towards building houses on brownfield land.
The Chief Executive of East Riding of Yorkshire Council, Alan Menzies, said: “It’s fantastic to secure key funding for our region, as part of the devolution process.
“This funding will play a crucial role in supporting local residents and improving flood prevention measures, transport, and infrastructure.”
The Chief Executive of Hull City Council, Matt Jukes, said: “I’m delighted that we’ve been able to sign off on this investment, which will provide benefits for the city and the wider area.
“It allows us to tackle issues that are challenging for our region, such as flooding, and invest in vital new infrastructure, such as transport connectivity, and cultural regeneration, whilst also allowing for the building of more homes.”
The Capital Programme funding is part of work arising out of Hull and East Yorkshire’s devolution deal, which involves the creation of a Mayoral Combined Authority (MCA).
A £400 million investment fund will be available to the MCA, which will be led by a mayor to be elected in May 2025.
For more information, visit Hull and East Yorkshire Combined Authority – Hull and East Yorkshire Combined Authority.