The programme is giving at least £1m each to 150 deprived areas that have previously been overlooked for funding and investment, the BLF said.
The latest batch of awards is the third and final tranche of funding in the scheme. Residents, charities and community organisations in the areas, which are chosen by the BLF, are asked to form partnerships to decide local priorities and establish a long-term plan to tackle them over the next decade.
The Big Local programme is being provided by the Local Trust, an organisation created by the Community Development Foundation and a consortium of partners, which must agree each area’s plan and support the communities to spend their money.
The cash can be spent on various projects to address communities’ concerns, such as training and employment schemes, tackling anti-social behaviour and providing more activities for young people.
The latest 50 areas to have been allocated money from Big Local include the village of Lynemouth in Northumberland. The area recently lost 500 jobs because a local factory closed. Another is the Bourne estate on the east side of Poole, Dorset, which has high levels of anti-social behaviour and the town’s largest concentration of people aged under 19.
Other areas to benefit include Dover town centre, in Kent, and Kirkholt in Rochdale.
Nat Sloane, chair of BLF England, said: "This is the National Lottery’s largest-ever investment in community-led regeneration. This kind of investment is powerful – it goes way beyond annual budgetary cycles of local authorities or the parliamentary terms of well-intentioned governments. It is the kind of investment that is going to help people in these areas achieve lasting, meaningful change for their children and generations to come."
A list of the 50 new areas can be found on the Big Local website along with the 100 areas already participating in the scheme.