The £150 million Community Ownership Fund is for communities across the United Kingdom. It has been set up to help communities take ownership of assets at risk of closure. It will run for 4 years until 2024/25.
Voluntary and community organisations can bid for match funding. Funding may support the purchase and/or renovation costs of community assets.
Applications are subject to the eligibility requirements outlined in this prospectus. The Fund will support a range of proposals that enable people and communities across the UK to thrive.
Proposals will need to prove the value of the asset to local people and that the asset can run sustainably for the long-term benefit of the community.
This prospectus sets out information on the:
- eligibility requirements
- assessment criteria
- funding available
- application process
- next steps after submitting your application
Locality provide an overview of the Community Ownership Fund, which you can find in the webinar here: All you need to know – member webinar – Zoom
(13.02: Stephen Rolph, Head of Assets and Enterprise, introduces the Community Ownership Fund support programme)