The funds, sourced from the community infrastructure levy (CIL), will be allocated to projects across the district for the 2025/26 financial year.
These projects were selected from a pool of 79 bids.
The CIL, introduced in 2015, is a charge levied on new developments to ensure they contribute towards the infrastructure needs they create.
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The projects align with the council’s corporate plan priorities, supporting communities, improving public spaces and ensuring sustainable growth across the district.
Some of the key projects that will receive funding include the redevelopment of East Boldre Village Hall, new drainage infrastructure for Sway Cricket Pavilion and pedestrian improvements in Fordingbridge.
There are also plans to enhance recreational spaces, including the installation of new play equipment in Totton and Eling, and improvements to the sea water baths in Lymington.
The funding will also support transport and accessibility enhancements, such as the promotion of the Castleman Trailway through new signage and benches.
Councillor Derek Tipp, portfolio holder for planning and economy, said: “This investment ensures that the infrastructure needed to support new development is delivered in a way that benefits our residents.
“The wide range of projects being funded demonstrates our commitment to enhancing local facilities, improving accessibility and supporting sustainable development across the New Forest.
“We recognise the hard work that goes into preparing these bids, and we are pleased to be able to fund so many valuable initiatives that will make a real difference to local communities.”
In addition to approving this year’s funding, the council has agreed to open the next round of bids for local infrastructure funding in spring 2025.
This will allow organisations to apply for funding for the 2026/27 financial year.
The early opening aims to provide more time for applicants to develop proposals and accelerate the delivery of future infrastructure improvements.
Successful applicants from this year’s funding round will now be contacted to finalise agreements.