Chancellor Jeremy Hunt says the money is to invest in community regeneration over the next decade.
An additional £100m will be made available for spending by Stormont departments as a result of the Budget, the Chancellor has said.Separately, the Shore Road Skills Centre project in north Belfast has been awarded £2.2m from the UK Levelling Up fund.
It is the last scheduled Budget before the next general election, which is expected to take place later this year. Stormont Finance Minister Caoimhe Archibald, of Sinn Féin, said the financial outlook for public services remained "extremely challenging" and the extra money would not "make a dent."
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