Context
The MP asked about the eligibility requirements for the community ownership fund, a £150 million initiative.
Question
What are the eligibility criteria for the community ownership fund?
Answer from Jacob Young
The £150 million community ownership fund is open to voluntary and community organisations or parish, town and community councils from all parts of the United Kingdom that have a viable plan for taking ownership of a community asset at risk and running it sustainably for community benefit. So far, we have awarded £71 million to 257 community projects, including £1 million to Gigg Lane, the home of Bury FC. Detailed guidance on the criteria is available in the prospectus on gov.uk.
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