Sponsored by
Search Caritas Magazine Archive

More time needed for community assets purchase

May 2011

Local groups need more time to decide whether they are able to raise funds to purchase local assets, according to Kevin Curley of NAVCA.

The experiences of a number of charities who have gone ahead and done this indicate that the proposed six-week ‘interim window of opportunity’, followed by a suggested ‘full window’ period to get the money together of either another six weeks or 20 weeks, is simply not long enough.

The community right to buy consultation paper was published on 2 February, closes on 3 May1 and is part of the localism bill (see page 6 of this issue). The bill aims to ‘introduce new powers to help communities save local facilities threatened with closure.’ Under the new legislation, local groups will have a statutory right to nominate any vital community asset, including local shops, pubs, libraries and leisure centres, to be assessed for recording on a 'most wanted' list by the local council. If a listed asset goes on the open market, its sale will be delayed triggering a 'community countdown' that will give people time to prepare their business plan and raise the funds they need to bid.

Caroline Schwaller, chief executive of Keighley and Ilkley Voluntary and Community Action2 told Caritas how, it took more than five years to negotiate and refurbish the town’s newest resource centre – Central Hall – as a community managed asset on a 99 year peppercorn lease. By the time the feasibility studies had been done and the overall funding and project planning partnership was put together, this ended up as a complex £1.74m project with £1m coming from Big Lottery, which managed the Community Assets Fund. She did concede that this is a particularly large project and that many asset transfer initiatives could take less time, but the principles around needing time to build relationships, carry out research, build business cases and raise funds, remain the same. She asked for clarity on what Communities and Local Government secretary Eric Pickles means by transfer – leasehold or freehold – and whether there is an intention to allow for both; depending on which there are particular considerations in each case.

1. www.communities.gov.uk/documents/ localgovernment/pdf/1835775.pdf

2. www.keighleyvs.org

Comments

There are no comments on this article. Be the first to comment.

Comment on this article
Email this article to a friend


Charities | Accommodation/Housing | Animals | Arts/culture | Disability | Economic/Community development/Employment | Education/Training | Environment/Conservation/Heritage | General Charitable Purposes | Medical/Health/Sickness | Other charitable purposes | Overseas aid/Famine relief | Relief of Poverty | Religious activities | Sport/recreation

Advisers | Accountancy | Actuarial Consultancy | Auditors | Banks | Conference and Venue Hire | Design Services | Financial Advisers | Fundraising Consultants | Fundraising Services | Human Resources | Insurance Brokers | Insurance Providers | Investment Managers | IT | Legal Advisers | Mailing and Fulfilment | Promotional Merchandise | Property Advisers | Recruitment | Response Handling | Retail Management | Risk and Insurance Consultancy | Stockbrokers | Training and Development | VAT Consultants

Caritas Magazine | ACEVO | CFDG | Data & Research | Editorial | Finance | First Person | Funding | Governance | Investment | Legal | Management | NCVO | News Review | Social Enterprise | State of play | Supplements | Viewpoint

Caritas Magazine Issues | May 2012 | April 2012 | March 2012 | February 2012 | January 2012 | December 2011 | November 2011 | October 2011 | September 2011 | August 2011 | July 2011 | June 2011 | May 2011 | April 2011 Supplement | April 2011 | March 2011 | February 2011 | January 2011 | December 2010 supplement | December 2010 | November 2010 | October 2010 | September 2010 Supplement | September 2010 | August 2010 | July 2010 | July 2010 supplement | June 2010 | May 2010 supplement | May 2010 | April 2010 | March 2010 | February 2010 | January 2010 | December 2009 | November 2009 Supplement | November 2009 | October 2009 | September 2009 | August 2009 | July 2009 | June 2009 | June 2009 Supplement | May 2009 | April 2009 | March 2009 | February 2009 | January 2009 Supplement | January 2009 | December 2008 | November 2008 | October 2008 | September 2008 | August 2008 | July 2008 | June 2008 | May 2008 | April 2008 | March 2008 | February 2008 | January 2008 | December 2007