Funding available for Green Deal street proposals

Housing Tue, Mar 22, 2016 5:31 PM

Funding available for Green Deal street proposals

Greg Barker has announced that the first six schemes supported under the Green Deal Communities initiative are Cambridgeshire, Ashfield,  Suffolk, Peterborough, six north London boroughs led by Haringey and Bracknell Forest

Together they represent a total of £19.5m and aim to deliver over 5,500 Green Deal Plans, to over 7,000 households.

DECC is inviting local authorities (LAs), working with their partners, to come forward with ambitious and innovative street/area based proposals for funding. These proposal should aim to deliver Green Deal plans to as many households as possible. DECC funding can also be used to support households who choose to self-finance measures.

Proposals will be judged on:the number and total value of Green Deal plans that will be delivered

  • their credibility eg LAs will need to demonstrate that they have secured Energy Companies Obligation (ECO) funding to compliment Green Deal financed plans and to have specifically identified the streets/areas targeted
  • their creativity in offering local incentives to drive demand
  • their sustainability in the long term (ie beyond the DECC funding) and
  • being consistent with state aid and procurement rules.

Following the announcement on 2 December 2013, there is now £80 million of capital funding available. Applications may be submitted at any time from September 2013 up to 31 December 2013 for a minimum of £1 million. LAs will be strongly encouraged to work together and with local partners to deliver.

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