The UK government has announced that the final round of the £150 million Community Ownership Fund is now open for expressions of interest.
This is a £150 million initiative from the Department for Levelling Up, Housing and Communities and is designed to help community groups take ownership of assets that are at risk of being lost, such as pubs, community halls, gardens, and sports clubs.
The maximum grant available per project is £2 million although it is expected that most awards will be for up to £250,000 of capital funding. Revenue funding of up to £50,000 or 20% of total capital funding applied for is also available.
Key dates to note:
- Expression of Interest stage – always open
- Round 4 Window 1 is open from 25 March 2024 to 10 April 2024
- Round 4 Window 2 will open in late May
- Specific timings for the final window will be published in due course
- Applications must be submitted by 2pm on the bidding window’s closing date
Read more about the Community Ownership Fund here.
