What are Local Strategic Partnerships?Neighbourhood Renewal Fund
 
What is the Neighbourhood Renewal Fund?
 
The Neighbourhood Renewal Fund (NRF) is provided by the Neighbourhood Renewal Unit of the Office of the Deputy Prime Minister (ODPM) to LSPs in the most deprived local authority areas.  The funding is channelled through local authorities.  The NRF budget is £2.925 billion over 2001-2008. 
 
Conditions of the NRF include:
 
  • recipients must be part of and working with a LSP, working in the context of an agreed Local Neighbourhood Renewal Strategy
 
  • the funding should help deliver national targets that have been set in departmental Public Service Agreements (‘floor targets’ - see 'What are Floor Targets?')
 
This means that there is a wide range of possible uses of the NRF.
 
The Government’s National Strategy for Neighbourhood Renewal (Social Exclusion Unit, 2001) set out the broad aims of the NRF.  In summary, the NRF provides LSPs in eligible NRF areas with additional resources to tackle deprivation related issues in their poorest neighbourhoods.  The purpose of NRF is therefore to encourage local service providers as members of the LSP to use their own mainstream resources in a more innovative and joined up way to address key national floor targets and locally identified priorities set out in the Local Neighbourhood Renewal Strategy (LNRS).