The Department for Transport has revealed further information about the £500m Restoring Your Railway fund that was launched late last month. The fund will be split three ways to support projects at different stages of development.
Ideas Fund
This will provide support to proposals to reinstate axed local services. These should be sponsored by MPs working with local authorities and community groups.
Accelerating existing proposals
As well as looking for new ideas, the £500 million fund will be used to help accelerate the development of closed lines and stations which are already in the process of being considered for restoration.
Proposals for new and restored stations
A new round of the New Stations Fund will support both the development of new stations and the restoration of old station sites.