The Hereford City Centre Transport Package includes a new link road between the A465 and A49 (opened in December 2017), enabling the mixed-use development of a significant area of under-utilised land integrated with the city centre, a new transport hub at Hereford railway station and the refurbishment of routes between the station and City improving conditions for cyclists, pedestrians and public transport.
Project funding – Growth Deal funding: £16m and local authority funding of £24.545m.
South Wye Transport Package
The South Wye Transport Package was allocated £27m of Government Growth Deal funding in 2017 via the Marches LEP. Government rules on how and when Growth Deal funding is spent are very clear.
The decision by Herefordshire Council to review the South Wye Transport Package means it will now not be in position to meet the terms of the original funding agreement which required £27m of funds to be incurred by March 31 2021.
In order that this funding is not lost entirely to the Marches region, the LEP Board will consider a number of other independently assessed projects which could utilise the allocation within the Government set deadlines in due course.
The Marches LEP has been invited and accepted a place on the council’s transport review panel and has made clear that the decision to re-allocate funding at this stage does not preclude or prejudice any future funding bid for transport infrastructure projects in Herefordshire.