Defnyddir yr arian i greu cynllun buddsoddi mewn eiddo masnachol er mwyn ailddefnyddio llefydd masnachol gwag unwaith eto ac adfywio blaenau siopau presennol y dref.
The funding will be used to create a commercial property investment scheme to bring vacant commercial space back to use and revitalise existing shop fronts in the town.