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To ask the Secretary of State for Housing, Communities and Local Government, when guidance for applications to the Community Ownership Funding Stream will be published; and if he will make a statement.
To ask the Secretary of State for Housing, Communities and Local Government, when guidance for applications to the Community Ownership Funding Stream will be published; and if he will make a statement.
The £150 million Community Ownership Fund will help ensure that communities across the UK can support and continue benefiting from the local facilities, community assets and amenities most important to them
The fund will be delivered directly by MHCLG in communities across England, Scotland, Wales and Northern Ireland.
A key aim of the programme is to drive greater community ownership of assets that advance the social wellbeing and interests of communities by bringing sporting, cultural, historical, recreational, or environmental benefits.
From Summer 2021, voluntary and community organisations from all parts of the UK will be eligible to apply for funding to help takeover community assets at risk of loss without community intervention
Voluntary and community organisations will be able to bid for up to £250k matched-funding to help them buy or take over a physical community asset at risk. Community groups seeking to acquire a sports asset will be able to claim up to £1 million match funding.