Community Assets: Finance

(asked on 22nd April 2025) - View Source

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, whether she plans to provide additional funding to offset the closure of the Community Ownership Fund.


Answered by
Alex Norris Portrait
Alex Norris
Parliamentary Under-Secretary (Housing, Communities and Local Government)
This question was answered on 30th April 2025

This Government remains committed to the communities’ sector and to community empowerment.  The Devolution White Paper, which was published on 16 December 2024, set out plans which demonstrate our commitment.

As part of the English Devolution Bill, we will legislate to introduce a strong new ‘right to buy’ for valued community assets, such as empty shops, pubs and community spaces. This will empower local people to bring community spaces back into community ownership and end the blight of empty premises on our high streets.

Community Right to Buy will help local people acquire valued community spaces if they come up for sale, keeping these assets in the hands of the community.

Reticulating Splines