Daw’r buddsoddiad o Gronfa ‘Adeiladu ar gyfer y Dyfodol’ Llywodraeth Cymru, cronfa sydd werth £108m gan gynwus £38m o gyllid gan yr Undeb Ewropeaidd ac £16m gan Lywodraeth Cymru. Mae hefyd yn cynnwys arian cyfatebol o ffynonellau cyhoeddus a phreifat eraill a ffynonellau o’r trydydd sector. Y nod yw adfywio canol trefi a’r ardaloedd cyfagos, drwy adnewyddu ac ailddatblygu adeiladau a thir segur. Cafwyd cyllid o £183,000 gan Lywodraeth Cymru a £427,000 gan yr Undeb Ewropeaidd ar gyfer prosiect Ffordd Abergele.
The investment is from the Welsh Government’s £108m Building for the Future Fund. The Fund is supported by £38m of EU funding and £16m from the Welsh Government as well as match funding from other public, private and third sector sources. The fund is regenerating town centres and surrounding areas by refurbishing or redeveloping derelict or under-used land and buildings and bringing them back to life. Funding for the Abergele Road project includes £183,000 of Welsh Government funding and £427,000 of EU funds.