The government has allocated fund to help community groups buy or renovate assets that would otherwise be lost to the community.
Assets are venues and meeting spaces used by the local community, such as:
- community centres
- cinemas and theatres
- galleries
- museums
- music venues
- parks
- post office buildings
- pubs
- shops
- sporting and leisure facilities
Some of the ways an asset might be lost include that it:
- might be closed
- might be sold
- is being neglected
- is at risk of damage or collapse
- is not being operated in a sustainable way
The asset must offer value to local people. You must be able to run it sustainably for the long term.
To find more information, the criteria and how to apply visit Community Ownership Fund Round 3: how to express your interest in applying.