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The Community Ownership Fund Round 3

25 May 2023 - 10:46 by michelle.foster

The Department for Levelling Up, Housing and Communities has announced changes to the £150 million Community Ownership Fund, to make it easier for communities across the UK to take over a blue bag with a yellow ribbon around the top and white pound sign on the frontlocal assets that are at risk of closure.

Previously only available to charities and community groups, the Fund is now also open to applications from parish councils.

The amount of funding all projects can bid for will be increasing to £1 million, and the requirement for match-funding is being reduced to as low as 10%, making it easier for communities to acquire assets such as sports clubs, music venues and historic buildings without raising additional private funding.

Apply here

Deadline: 12 July 2023, 11.59am

News Type: 
Sector News
Shared Topic Areas: 
Capacity Building
Funding