A temporary road bridge across the river Eamont at Pooley Bridge will be in place by Easter.
That's according to Cumbria County Council, who've made the announcement after the original 300 year old bridge was completely destroyed during the floods in early December.
It left the village cut off from the western shore of Ullswater.
A temporary road bridge will be hired in, at a cost of nearly £300,000, while plans are made for a permanent replacement.
The funding will come from the £40m pledged by the government for rebuilding local transport infrastructure for flood-affected areas in Cumbria and Lancashire following Storm Desmond and Storm Eva.
The bridge will be supplied by British company Mabey Bridge and installation will start by the end of January.
Plans for the permanent replacement will involve discussions with a range of stakeholders, including the English Heritage, Lake District National Park Authority, the Environment Agency and local residents.
Stewart Young, Leader of Cumbria County Council, said: “Pooley Bridge has been a priority for the council since the floods so I’m pleased we’ve been able to confirm plans for the temporary bridge today. The impact on the local community, businesses and the wider Lake District has been significant and we want to ensure Pooley Bridge is fully open for business as soon as possible.
“Looking to the future, Pooley Bridge is one of those iconic Lake District locations, so getting the design for the permanent replacement right is important. We’ll be talking to a wide range of groups and individuals as we develop the plans and I hope people will take the time to share their views.”
Transport Secretary Patrick McLoughlin said: “I have seen and heard first-hand the huge impact on the community of the loss of the bridge, so I am delighted with this news. Reconnecting the two sides of the village will make a massive difference, particularly to local businesses in this tourist hot-spot. We’ve worked closely with the county council to make sure the funding is available to allow this to happen and we’ll now be switching our focus to plans for the permanent replacement.”