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Trusted media brand of the Chartered Institute of Housing
First round of Levelling Up Fund spending has been extended to March 2025
The first round of the £4.8bn Levelling Up Fund, initially due to be spent by 31 March this year, has been extended to March 2025, the Public Accounts Committee heard yesterday.
Alongside the extension of round 1 of the Levelling Up Fund, round 2 has been extended to March 2026, after originally having been scheduled to be spent by March 2025.
Healey admitted that the speed of delivery of levelling up projects has “not matched the expectations of the department”.
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