The Renewal and Reform programme, kick-started after the General Synod in 2010, aims to grow the church and re-imagine it for the 21st century.
In this move, the Church of England plan to open new churches in deprived urban estates and support growing churches in eight dioceses.
Among the areas receiving the money will be the Diocese of Blackburn.
In a statement, the Church of England said: "£1.54 million has been allocated for Blackburn Diocese over six years to fund work in outer urban estates and parishes.
"The Blackburn Diocese project will focus on training new leaders, both lay and ordained, with a view to providing a model for other dioceses, while also strengthening mission in the areas where the work is located."
A "lead evangelist" will be employed in Blackpool in the Diocese to continue work already under way by clergy and congregations on an estate there.
Bishop of Burnley, within the Diocese of Blackburn, Philip North, said: "I am delighted to hear the news of the success of our application for SDF (Strategic Development Funding) funding. I believe passionately that if we are serious about the renewal of the Church we must commit ourselves afresh to proclaiming Good News to the poor.
"This project will share the Good News with people living on our urban estates by planting a number of new congregations. However, it will also ensure that church life is sustainable over the long term in these areas by forming quality lay and ordained leaders both from and for our estates. Our aim is to call and form local leaders who can be good news for their communities."
Bishop Philip North.
The other seven dioceses to receive funding are Bath and Wells, Bristol, Leeds, Liverpool, London, Sheffield and Winchester.
In Bristol £1.45m will go towards funding evangelism with younger generations, social action and church planting in the city.
In Winchester there is also a focus on revitalising student ministry.