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Projects

Charleston Centenary

Categories

Approval Status

 

Fully Approved

Delivery Status

 

GPF Project Delivered

Expected Repayment Date

 

Spring 2025

The Charleston Trust required a loan of £120,000 from the Growing Places Fund to create a café-restaurant in the Threshing Barn on the farmhouse’s estate. This work is part of a wider £7.6m multi-year scheme – the Centenary Project – which aims to transform the operations of the Charleston farmhouse museum.

Charleston have also secured investment of £329,835 from the Getting Building Fund to deliver improvements to the access road leading to the house. Further details can be found here.

Capital Programme delivery update

Take a look at our update on the delivery of the Local Growth Fund (LGF) and Growing Places Fund (GPF) capital programmes.

SELEP Capital Investment Programme

Growing Places Fund

The Growing Places Fund (GPF) was established by the Ministry for Housing, Communities and Local Government (formerly the Department for Communities and Local Government) and the Department for Transport (DfT) in 2011. The aim of this funding is to unlock economic growth, create jobs and ‘kick-start’ house building at stalled development sites.

The GPF was made available to SELEP for investment as a recyclable loan scheme. Loan repayment schedules for each project are agreed within the credit agreement which is put in place at the start of the project. Repayments against these projects are returned to the central pot for reallocation to new projects. Through the GPF Round 1 awards, a total of £47.459m GPF was awarded to 13 capital infrastructure projects across the South East LEP area. Repayments are now being made by the Round 1 projects which has allowed funding totalling £20.387m to be allocated to a further 13 projects through GPF Rounds 2 and 3.
Funding value: £120,000
Total Project cost: £7,968,168
Return to Capital Investment