Mablethorpe could receive an added boost to its community funding after the Government announced plans to increase coastal funding to £29 million.
This five per cent rise in funding will be implemented during 2014 and has been extended until 2016.
The news of the increase has been welcomed by East Lindsey District Council.
The news of the announcement was made on Friday, August 23 with the plans of the extra boost in funds to be made available to support the rejuvenation of seaside resorts.
The Council is keen to see more Central Government money coming to the East Lindsey coast to help address issues associated with deprivation; including unemployment, the seasonal economy, and the need to help local people improve their skills.
Portfolio Holder for economic regeneration at ELDC, Coun Craig Leyland said: “Mablethorpe has every opportunity to benefit from this fund. It is a vibrant and important resort with lots of potential to generate a successful application for funding.”
Chief Secretary to the Treasury, Danny Alexander said: “The Coastal Communities Fund is giving seaside towns and villages a real chance to grow as the nation benefits from our marine resources.”
Coun Leyland added: “There is no getting away from the fact our coast faces serious challenges around deprivation, but remains a successful tourist destination.
“Although the Coastal Communities Fund has been over subscribed previously. It presents an opportunity for us to work with organisations to create projects that meet the fund’s criteria, providing a lasting benefit for the area through regeneration, a sustainable all year round economy, training and jobs.”
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