Community Ownership Fund

Deadline 11th October 2023

The fund is run by The Department for Levelling Up, Housing and Communities (DLUHC). The aim is intended to support community groups in taking ownership of at-risk assets and to provide essential renovations for assets already in community ownership, ensuring long-term sustainability for the benefit of the community.

With round 3 window 2 the current funding pot is up to £2 million for all asset types, but DLUHC expect that most awards will be for up to £250,000 of capital funding.

Voluntary and community organisations, parish, town and community councils (depending on eligibility requirements) can bid for match funding. Funding may support the purchase and/or renovation costs of community assets.

The Community Ownership Fund’s four strategic objectives are:

  • To provide targeted investment for communities to save and sustain community assets that would otherwise be lost to community use.
  • To strengthen capacity and capability in communities, supporting them to shape their places and develop sustainable community businesses.
  • To empower communities in left behind places to level up.
  • To strengthen direct links between places across the UK and the UK Government.

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. You can see the prospectus here.

Anyone who is planning or has placed in an application, please let Jennifer Johnson, Delivery Manager at Sector Support NEL Partnership know jennifer@nbforum.org.uk

Click here for further information.