Who is the funding for?

An incorporated voluntary and community organization or community or town council can apply. This may include charitable incorporated organisations, co-operatives including community benefit societies or not-for-profit companies limited by guarantee.

What is a community asset?

A community asset can be any building or land used for the welfare or social interest of the local community, including green spaces, libraries, cultural spaces, leisure facilities, community centres, pubs and more. The asset must be at risk of closure, being sold or in poor condition without community involvement, and must continue to be of community benefit in the future.

The funding available.

Up to £250,000 can be applied for to buy or lease an asset and pay for renovation costs. In exceptional cases, up to £2m is available from the Community Ownership Fund for all types of assets where the asset is at risk of being lost. An applicant must contribute 20% of 'matching' funding towards the total capital required - sources can include grants, loans and non-cash sources (in kind).

The Community Ownership Fund is offered by the Department of Community Prosperity, Housing and Communities and provided by 10 organisations in the UK, led in Wales by DTA Wales. To make enquiries, find out more or join an informational webinar, visit https://dtawales.org.uk/en/

Make your inquiries and your application via: Community Ownership Fund support and advice - MyCommunity

To register for the webinar in Welsh - on how to apply for the money - it's at 2pm on the 14th of September register here: https://mycommunity.org.uk/how-to-write-a-strong-community -ownership-fund-application-webinar

The webinar in English is on Monday 11^th September between 12 -2. The link is below

How to write a strong community ownership fund application (building your management case) - MyCommunity

The form for the English webinar

Event Booking Form (tfaforms.net)