Tuesday 20 January 2015

£9 MILLION PROGRAMME WILL HELP WELSH COMMUNITIES TAKE CONTROL OF THEIR ASSETS

A new £9 million programme to create more sustainable communities in Wales by supporting asset transfer was officially launched by the Big Lottery Fund (The Fund) today.

Hundreds of people are expected to attended launch events around Wales this week for the new multi-million Community Asset Transfer 2 Programme (CAT2). It aims to provide both capital and revenue funding to support the transfer of assets, such as land and buildings to community ownership. The assets can be transferred from individuals, the public or private sector.

Projects can apply for grants between £300,000 and £1,150,000 with money being used to help community groups to regenerate and reinvigorate the assets and develop, manage and sustain them to improve their livelihoods and neighbourhoods. Through this programme, groups will be encouraged to use the asset to generate multiple income streams and provide quality services and amenities.

The programme is now open for applications in English or Welsh. For further information about the CAT2 programme and how you can apply for funding, please visit www.biglotteryfund.org.uk/CAT2 call 029 2067 8200, textphone 0845 602 1659 or email cat@biglotteryfund.org.uk

(Source: Big Lottery)

No comments:

Post a Comment