The Local Sustainable Transport Fund ran from 2011/12 to 2015/16. In the Autumn Statement of 2015 the Chancellor announced over £300m would be available for cycling over the life of this Parliament. The funding will continue to support local authority projects and boost walking and cycling during the current parliament.
Of this £300m, £80m was allocated to continue to build on the legacy of the Local Sustainable Transport Fund. This money has been spread over two competitions as follows: £20m Sustainable Travel Transition Year and £60m Access Fund.