In the past, the Council has been keen to use the interest earned from the investment to reduce rate payers Council tax bills and now they feel that a proportion of the funds should be invested in community projects.
The original scheme was a five year capital grants scheme commencing in April 2009. £50,000 was allocated for each financial year. The scheme has been extended each year since and currently the Council has allocated £25,000 for awards in 2017/18.
Find out more about applying for grants and funding from Meltham Town Council.