Latest application window for Community Ownership Fund announced
Groups can apply for up to £250k (£1M in exceptional circumstances) through the Community Ownership Fund to purchase or lease a local asset or to help pay for refurbishments – this includes buildings or land which isused for the well-being or social interest of the local community. These include green spaces, libraries, cultural spaces, leisure facilities, community centres, pubs and more.
All funds provided through COF must be ‘matched’ 20% of more from alternative sources. Eligible sources of match funding may include grants, loans and ‘non-cash’ sources, such as donations of relevant goods and services or the value of a discount on a long-term leasehold or freehold from a public body, for example as part of an asset transfer.
Find out if the fund is right for your organisation and how we can help by visiting the Community Ownership Fund support programme page: https://www.mycommunity.org.uk/community-ownership-fund
Read the full eligibility criteria here: What-is-the-Community-Ownership-Fund.pdf (mycommunity.org.uk)