Context
The community ownership fund aims to allocate funds for the preservation of local assets and amenities. There is interest in how effectively these funds are being allocated.
Question
What progress has been made on allocating funds through the community ownership fund? The community ownership fund provides significant potential for organisations across the UK to secure funding for critical assets, including those at risk in Clwyd South.
Answer from Felicity Buchan
The community ownership fund has awarded £36.8 million to 150 projects across the UK, including £25.5 million in England, £5.2 million in Scotland, £3.2 million in Wales and £3 million in Northern Ireland. Positive changes include extending maximum funding from £250,000 to £1 million, reducing match funding requirements, and allowing applications from parish councils.
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