The Community Asset Fund is a pilot programme, supported by the UK Shared Prosperity Fund. It will contribute to our Investment Plan under the People and Communities theme.
The fund aims to address financial barriers to community groups and voluntary organisations interested in taking on responsibility for buildings, land or public facilities. Revenue grants are available for individual community organisations as they prepare to submit a Community Asset Transfer request.
This includes funding for:
- community consultation
- feasibility studies
- commercial surveys
- business plans
- organisational capacity building
The fund is a short-term addition to our established Community Asset Transfer process. Learning from the pilot will contribute to the ongoing development of support packages to community groups as they transform public buildings into successful community assets with social, economic and environmental benefits for local people.
Expressions of Interest
In preparation for the launch of the Community Asset Fund in Spring 2024, organisations are invited to register Expressions of Interest in applying to the fund. Those who register their interest in the fund will be issued with an application pack in due course.
Further, responses to the Expression of Interest process will contribute towards the final stages of development for the fund.
Please contact us if you require further information.
