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The phrase "they have allocated" is correct and usable in written English.
You could use it when talking about a group or organization that has divided a certain resource among different people or entities. For example: "The school board has allocated a limited budget among the various departments."
Exact(16)
They have allocated funds to the institute for 10 years, and expect to generate new drugs during that time.
And even there, political strategists say, the amounts they have allocated so far are not close to the fortunes that must be spent to have much impact.
Just as vigorously, lawmakers say they will ensure that Mr. Gulotta spends the money allocated on the things they have allocated it for.
And as long as oil sells for more than $55 a barrel, most of the governments will take in more than they have allocated in their budgets, regional analysts said.
Over the past year they received a 64% increase in applications so we have granted them a small increase in their budget to deal with the workload and they have allocated more resources to processing applications to reduce delays".
"They may just take the money they have allocated for this and then decide to just give contributions to super PACs that are going to be active in the races and on the issue that they agree on," Keating said.
Similar(44)
Officials recently announced that they had allocated land for the city's first mosque.
The billionaire Koch brothers demanded that Walker return the nine hundred million dollars they had allocated to his campaign.
"Before they put a single penny toward educating our children, they've allocated nearly half a trillion dollars to risky tax cuts," Mr. Clinton said.
For many new executives, the large pile of resources they now get to direct has far greater consequence than anything they've allocated before.
By Andy Borowitz September 21, 2015 MADISON, WISCONSIN (The Borowitz Report) — Just minutes after the Wisconsin Governor Scott Walker dropped out of the Republican Presidential race, the billionaire Koch brothers demanded that he return the nine hundred million dollars they had allocated to his campaign.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com