Scunthorpe will benefit from almost £16m Government cash to create more jobs and new town centre homes.
This funding – from the third round of the Levelling-Up Fund – will be used to reshape the High Street and create a new future.
Cllr Rob Waltham, leader of North Lincolnshire Council, said: “Levelling-Up is alive and well in Scunthorpe – the cash will make a huge difference to Scunthorpe and residents in communities who visit the town centre.
“The plans we have are ambitious and the Government has backed them. We know there are challenges for high streets up and down the country and with this cash we can start to move these plans forward by creating new jobs and building new homes.
“We are determined to improve Scunthorpe and we will back businesses to invest so we can create a new future together.”
Holly Mumby-Croft, MP for Scunthorpe, and vice-chair of the Towns Fund Board, said: “It is great that the Government has given us this extra cash to revitalise Scunthorpe town centre and create more new jobs and more new homes.
“There is a way to go still but with the backing of Government we will be able to create a new future for generations to come.”