London to spend £30 million to develop deprived areas

The Mayor of London, Sadiq Khan, has awarded nearly £30 million to projects which will boost local economies, improve the environment and bring people together in some of London’s most deprived communities.

The money has been awarded through the second round of the Mayor’s Good Growth Fund to 33 projects across the city – and will be delivered through the London Economic Action Partnership (LEAP), the Local Enterprise Partnership (LEP) for the capital.

The projects focus on supporting Londoners in areas with high levels of unemployment, youth violence and poor mental health, by supporting the creation of new jobs, investing in community assets and driving sustainable economic growth.

Nearly two-thirds of the funding will be invested in areas of London which rank in the top 20 per cent of the country’s most deprived wards, according to the well-established Indices of Multiple Deprivation.

The Good Growth Fund supports regeneration schemes which help Londoners influence how their local areas are shaped. Successful projects in this funding round include:

• delivering up to 20,000 sq m of much-needed new industrial space in Barking to support local jobs;
• creating new and refurbished performance, rehearsal, learning and play spaces at the Polka Children’s Theatre in Wimbledon, to support community outreach and creative learning opportunities for disadvantaged children and hard-to-reach families; and
• investing in Centre 404 to provide much-needed support and services for people with learning disabilities and carers from the LGBTQ+ communities in Islington, Camden, Haringey, Enfield and Hammersmith & Fulham.

In the first funding round earlier this year, the Mayor awarded £24 million to deliver 27 projects. In addition, a further 27 projects were awarded a share of £1.6 million to develop their proposals with a view to submitting a full funding bid in due course. This support helps us to build a balanced programme by addressing any gaps resulting from the open call process.

The Mayor of London, Sadiq Khan, said “These projects aim to give Londoners of all backgrounds the opportunity to be actively involved in shaping how their city grows and delivering more places to live, learn, work and play.

“I’m so impressed by the range of bids we received – this is testament to the creativity and ingenuity in London’s diverse communities.

“I’m committed to supporting ‘good growth’ by building a city where all Londoners have access to the same opportunities and I look forward to seeing all the positive impacts these projects will have in the future.”

LEAP Board Member, Alexandra Depledge MBE, added “I have always believed that Londoners know what’s best for their communities and this is evidenced in the wide variety and depth of innovation on display in the projects backed by Round 2 of the Good Growth Fund. These investments are good growth in action.”

Sarah Preece, Executive Director, Mountview – which received £843,000 in round one of the Good Growth Fund – concluded “The support from the Mayor’s Good Growth Fund means Mountview is able to open fantastic new performance and training facilities to Londoners, including artist hub spaces, studios and a welcoming box office space – as well as an enhanced public realm with new planting and seating and opening up access to Peckham Square, the Surrey Canal greenway and the green route to Burgess Park.

“These spaces help us to achieve our mission of providing affordable performance training for people of all ages as well as opening community spaces for hire and providing two brand new theatres. Generations to come will benefit from the access to culture, recreation and learning that this enables.”