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Community Ownership Fund

The UK Government has set up a £150 million Community Ownership Fund to help communities take ownership of assets at risk of closure across the UK. The latest round of funding is now open for applications.

Voluntary and community organisations can bid for match funding to support the purchase and/or renovation costs of community assets and amenities, subject to the full eligibility criteria outlined in the prospectus: https://www.gov.uk/new-levelling-up-and-community-investments#the-community-ownership-fund

Proposals will need to prove the value of the asset to local people and that the asset can run sustainably for the long-term benefit of the community.

What to include in your application

Applicants can now see exactly what they need to include in their applications with the newly published Assessor Guidance:

Submit Expression of Interest

If you are a community group looking to protect a treasured community asset, submit your Expression of Interest to the Department for Levelling Up, Housing and Communities now by following this link:

Further information

This is a fund run entirely by the UK Government, queries should be sent to COF@Levellingup.gov.uk

Useful links

Page last updated: 28/02/2023
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