Announced on 28 January 2020, the third round of the New Stations Fund (NSF) is expected to offer up to £20m towards proposed railway stations in England and Wales. The funding can be sought for up to 75% of the capital costs for construction of the railway station. The latest updates can be found by using the New Stations Fund 3 tag.
The application forms, guidance and FAQ are available on the Network Rail website.
The fund was one of three funding options released under the Restoring Your Railway fund banner.
28 January 2020 – Government announces Restoring Your Railway fund with £20m allocated towards New Stations Fund 3
February 2020 – Network Rail launches application forms
5 June 2020 – Deadline for applications
August 2020 – Assessment of winning bids expected to be completed
Autumn 2020 – Winning bids announced
February 2024 – GRIP stage 7 should be achieved
May 2024 – Railway stations should be constructed and opened