Transforming Cities Fund (TCF)
What's being achieved
The Transforming Cities projects have been paid for by a combination of grant funding from the Department of Transport (DfT) and some match funding from the City Council.
In Tranche 1 of the TCF, 30 projects from 10 shortlisted English City Regions were awarded a combined £60 million in funding to transform intra city connectivity and drive productivity by improving public and sustainable transport. Stoke-on-Trent received £5.566 million.
The aim of the funding was to deliver:
- New active travel routes across the region, connecting people to jobs and their local community with the aim of encouraging more people to walk or cycle.
- Bus service improvements
- Bus and rail station upgrades
- Smart ticketing
- Smart traffic controls
- Real time bus information though smart phone apps or information at bus stops
In Tranche 2 of the TCF 12 shortlisted cities had the opportunity to bid for a share of £1.22 billion. Stoke-on-Trent received £29 million.
The aim of the funding was to deliver:
- A step change in local public and sustainable transport connectivity
- Improved access to jobs
- Reduced congestion
- Improved air quality
Funding
The SOTCC TCF funding profile is shown below:
|
|
Tranche 1 |
Tranche 2 |
|
Dept for Transport Funding
|
£5.566 million |
£29 million |
|
City Council Match Funding
|
£965,000 |
£4.68 million |
|
Total |
£6.531 million |
£33.68 million |
How we achieved this
The Transforming Cities initiative has enabled the City Council to attract a total of £33.68 million of grant from the DfT to be spent on specific Active Travel projects that would otherwise not have been available to our area. The total match funding required from the City Council to enable us to attract this DfT money was £5.64 million.