Community Ownership fund


Community Ownership Fund
Yesterday the Ministry of Housing, Communities and Local Government (MHCLG) launched the Community Ownership Fund, which will provide £150 million over four years to support community groups in England, Scotland, Wales and Northern Ireland to take ownership of assets and amenities at risk of being lost. Parish and town councils are not eligible to apply directly, but voluntary and community groups can bid for match funding to acquire important assets and run them for the benefit of the local community. Parish and town councils have a key role in bringing the fund to the attention of community groups, and working with them to secure important local facilities. The Fund will run until 2024/25 and there will be at least eight bidding rounds in total. The prospectus contains details for round one and provides detailed guidance on the purpose of the fund, eligibility criteria, funding and support assessment criteria and the decision-making process. See https://www.gov.uk/government/publications/community-ownership-fund-prospectus.

Posted: Fri, 16 Jul 2021 14:58 by Lisa Ritchie

Tags: News