Cowdenbeath Town House is in line to receive a portion of Scottish Government funding as part of its Place Based Investment Programme. 

Fife Council is likely to allocated £1.9 million this year by the government, with the funding aimed at supporting place-based projects across Scotland that "meet the needs and aspirations of local communities and accelerate the Scottish Government’s ambitions for place".

This includes 20-minute neighbourhoods, town centre actions, community led regeneration projects and community wealth building. 

The five-year stimulus package is in its final year – with Fife already having received a total of approximately £13.7 million since 2019. 

This year, Fife is likely to receive £1.9 million, and Fife Council's cabinet committee has unanimously agreed on a list of projects that will benefit. 

One of the projects is the Cowdenbeath Town House regeneration which will benefit from an anticipated £400,000. 

BRAG Enterprises has developed a five-year business plan and is currently working on detailed designs. The construction is expected to cost approximately £1.2 million – only £144,000 of which has been secured. 

There are other funding bids in motion to help with costs, but the place based investment funds will go a long way towards seeing the project reach its goal. 

Other projects in Fife which will be allocated funding include the Dunfermline gap site, Silverburn Flax Mill in Leven, Glenrothes’ Riverside Park, and Inverkeithing Heritage project.