Community Right to Buy Fund
The question
To ask the Secretary of State for Housing, Communities and Local Government, what measures will be used to assess the effectiveness of the Community Right to Buy Fund in sustaining community assets at risk of closure; and whether the Department will publish regular data on the number and location of assets acquired through the Fund.
Answered by Nesil Caliskan
The newly announced Pride in Place Community Right to Buy Fund, backed by £61 million, will help communities buy and run the buildings and spaces they value most, including pubs, shops, community centres, sports facilities and cultural venues.
The Fund will be a targeted and strategic offer, designed to support the new Community Right to Buy and focusing on communities in the most deprived areas. The funding is part of the £301m earmarked to support our high streets and community spaces, and builds on our wider package of investment in communities including the £5.8 billion Pride in Place Programme.
The details of this Fund, including timelines, eligibility criteria and monitoring and evaluation will be set out in due course.
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