03/04/2025
Insights
The Plan for Neighbourhoods fund has been introduced to revitalise communities across the United Kingdom. Each selected location must submit a Regeneration Plan to receive funding, and that is where our team can help. Get in touch to start the process.
What is the Plan for Neighbourhoods fund?
Plan for Neighbourhoods is an un-competed fund designed to improve areas in desperate need of development. This will be done by regenerating high streets, local parks, youth clubs, cultural venues, libraries and health and wellbeing services.
The areas that qualify for the capital were confirmed in Spring 2025, with local authorities and communities that are the most left behind being the ones selected. A full list of the 75 eligible locations can be found on the government’s prospectus page.
How much funding is available for the Plan for Neighbourhoods scheme?
£1.5 billion will be allocated to the 75 local authorities and communities over the next 10 years. Each location will be able to claim up to £20 million to carry out improvements.
"The government’s £1.5 billion investment in the Plan for Neighbourhoods scheme presents a significant opportunity for local authorities to enhance their communities, fostering economic growth, improving public spaces and creating vibrant, sustainable environments for residents to thrive."
How do I apply for Plan for Neighbourhoods funding?
If your local area has been selected for Plan for Neighbourhoods, you will be able to apply for funding via a Regeneration Plan. This will be drafted by a Neighbourhood Board consisting of residents, local businesses, grassroots campaigners, workplace representatives, faith and community leaders, and those with a deep connection to their area.
Your Regeneration Plan must include a detailed strategy for the first 4-year investment period cycle. As this is a new initiative, we understand the importance of getting it right, which is why we are here to help you put your plan together.
If you need support engaging your community and drafting your first Regeneration Plan, please call 0800 051 2593 for a free, no-obligation chat with our specialists.
Key Plan for Neighbourhoods dates
- Spring 2025: Neighbourhood Boards can begin submitting their Regeneration Plans to the Ministry of Housing, Communities & Local Government (MHCLG)
- Winter 2025: Regeneration Plan submission deadline
- April 2026: Funding released to local authorities to begin the delivery phase
Why should I use Eddisons for Regeneration Plan support?
Your Regeneration Plan is integral to receiving capital to upgrade your village, town or city, making it imperative that you get it right. Our experts have a proven track record with successful funding applications, and we are confident we can do it again for this scheme.
Using our services gives you access to our tools that conduct neighbourhood needs analysis and identify socio-demographic trends influencing estate strategy and investment. Plus, we utilise artificial intelligence (AI) to provide market evidence and value drivers.
We have over 180 years of experience and are RICS-certified, so you can trust us to follow strict industry guidelines. Our teams also come highly rated, with many of our clients providing glowing reviews.
Get Plan for Neighbourhoods guidance today
If you are responsible for submitting your local area's Regeneration Plan, we are here to help you get it right. Please call 0800 051 2593 or complete the form further down the page to speak with our experts about your proposal.
Alternatively, consider talking to one of our specialists at UKREiiF 2025 if you attend. Our teams will be there to discuss this funding scheme and can let you know how they can support you.
Frequently asked questions about the Plan for Neighbourhoods fund
How were the locations selected for Plan for Neighbourhoods?
The local authorities and communities have been selected using the following metrics:
- Population size
- Indices of multiple deprivation
- Healthy life expectancy
- Gross Value Added per hour worked
- Skill level
