Guidance

UK Shared Prosperity Fund: allocations methodology

Allocations methodology for the UK Shared Prosperity Fund.

• From: Ministry of Housing, Communities and Local Government and Department for Levelling Up, Housing and Communities
• Published: 13 April 2022
• Last updated: 10 May 2022 — See all updates

Documents

UK Shared Prosperity Fund allocations: methodology note

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UKSPF allocation model

MS Excel Spreadsheet, 18.6 MB

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UKCRF index model

MS Excel Spreadsheet, 1.8 MB

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Details

This note sets out the methodology used to allocate the £2.6 billion UK Shared Prosperity Fund (UKSPF) across the UK up to the end of the 2024-25 financial year.

UKSPF allocation model

The UKSPF model shows the steps taken in using data to allocate the UK Shared Prosperity Fund.

UKCRF index model

The UK Community Renewal Fund (UKCRF) index model shows all the steps taken in using data to update the UK Community Renewal Fund Index. The UKCRF index is used as part of a formula to allocate funding to places as part of the UK Shared Prosperity Fund.

Published 13 April 2022
Last updated 10 May 2022 + show all updates

1. 10 May 2022

   Added UK Shared Prosperity Fund allocation model; and UK Community Renewal Fund index model.

2. 13 April 2022

   First published.