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Growing Places Fund (GPF) Programme: Drawdown and Repayment Schedule |
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Figures provided below relate only to GPF investment and do not include other scheme contributions |
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2024/25 Actual |
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GPF Funds Advanced |
GPF Repayments Made |
Outstanding balances of GPF loan at end of |
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Prior years (£) |
24/25 (£) |
Total (£) |
Prior years (£) |
24/25 (£) |
Total (£) |
Prior years (£) |
24/25 (£) |
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|
Priory Quarter Phase 3 |
7,000,000.00 |
- |
7,000,000.00 |
7,000,000.00 |
- |
7,000,000.00 |
- |
- |
|
North Queensway |
1,500,000.00 |
- |
1,500,000.00 |
1,500,000.00 |
- |
1,500,000.00 |
- |
- |
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Bexhill Business Mall |
6,000,000.00 |
- |
6,000,000.00 |
6,000,000.00 |
- |
6,000,000.00 |
- |
- |
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Sovereign Harbour * |
4,600,000.00 |
- |
4,600,000.00 |
1,025,000.00 |
1,424,000.00 |
2,449,000.00 |
3,575,000.00 |
2,151,000.00 |
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Charleston Centenary |
120,000.00 |
- |
120,000.00 |
80,000.00 |
40,000.00 |
120,000.00 |
40,000.00 |
- |
|
Eastbourne U10 Fishermans CIC |
1,150,000.00 |
- |
1,150,000.00 |
325,000.00 |
- |
325,000.00 |
825,000.00 |
825,000.00 |
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Observer Building 1a |
1,750,000.00 |
- |
1,750,000.00 |
- |
- |
- |
1,750,000.00 |
1,750,000.00 |
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Observer Building 1b |
1,616,500.00 |
- |
1,616,500.00 |
- |
- |
- |
1,616,500.00 |
1,616,500.00 |
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Total |
23,736,500.00 |
- |
23,736,500.00 |
15,930,000.00 |
1,464,000.00 |
17,394,000.00 |
7,806,500.00 |
6,342,500.00 |
*As part of the agreed approach to the disaggregation of the GPF funding, from 2024/25, repayments for the Sovereign Harbour project are made from the County Council to impacted Upper Tier Local Authorities