Third round of the Community Ownership Fund now open for applications

01 June 2023 at 09:47:13

DLUHC earlier this month (12 May) launched the third round of the £150 million Community Ownership Fund.

Applications to bid for Round 3 Window 1 of the funding opened on (31 May) and will close at 11:59am on 12 July 2023.

Recent changes to the fund will make it easier for voluntary and community groups to apply for funding to acquire assets and run them for the benefit of the local community.

A summary of the key changes to the eligibility requirements for the relaunch of the fund include:

  • Reducing the match funding requirement
  • Increasing the amount of funding all projects can bid for from £250,000 to £1 million
  • Allowing parish councils (and their equivalent town and community councils) to apply in the same way that community groups do currently

DLUHC has published an overview of these changes in Community Ownership Fund round 3: webinar slides and recording.

The government is providing funding over four years to support community groups in England, Scotland, Wales and Northern Ireland to take ownership of assets and amenities at risk of being lost such as community centres, parks, pubs and post office buildings.

For further information and guidance on how to apply, the Community Ownership Fund: prospectus can be found online.

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