Transport infrastructure in Tottenham and Croydon will get a slice of a new £20M regeneration fund following last week’s riots, Mayor of London Boris Johnson announced today.
Investment in transport infrastructure was identified as one of the possible uses for the money, along with buying up and rebuilding properties affected by the riots, funding business rate relief and supporting employment. The funding is designed to provide “swift” improvements, Johnson said.
This fund follows the launch last week of the Mayor’s £50M regeneration fund for London’s town centres and high streets that have been damaged.
Tottenham and Croydon had already been identified as regeneration priorities by Johnson before they were damaged during the disturbances.