September 20, 2007
Community asset fund offers £30m
A £30 million fund to help local authorities transfer publicly-owned buildings to community organisations has opened for applications.
Community asset fund offers £30m
Regeneration & Renewal
14.09.07
The Community Assets programme, funded by the Cabinet Office and managed by good causes distributor the Big Lottery Fund, opened for applications last week. There will be a single bidding round for all applications, which will close on 15 November.
The fund, announced in last year’s pre-Budget report, will offer grants of £150,000 to £1 million for the refurbishment of council buildings such as community centres, so they can benefit the community organisations that take them on.
Third sector minister Phil Hope said: “This is a real opportunity for community groups and local authorities to transform assets like community centres and other buildings into more vibrant and valuable resources of the whole community.”
Sanjay Dighe, chair of the BLF’s England Committee, said: “The Community Assets programme will give communities a greater stake in the buildings they use, making them a long-term sustainable resource for a wide variety of groups.”
– Application materials are available via www.regen.net/doc.