£4 million Madeira Terrace funding bid turned down
Hopes of a £4.2m boost for the restoration of Madeira Terrace were dashed on Friday (July 6), when it was revealed the Heritage Lottery Fund (HLF) had turned down the council's bid for funding.
But the council and community have vowed not to give up on the dilapidated arches east of the Palace Pier.
A crowdfunding campaign to restore the first three of the 152 arches had raised £463,947, and it was hoped the support from the community would encourage further investment from the lottery fund.
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Hide AdBut the council announced on Friday the ‘disappointing’ news that its bid for £4.2m was turned down.
It said although it had ‘met the criteria’ for funding, the HLF didn’t have enough cash for all suitable projects.