Power to Change – Homes in Community Hands

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What’s available?

Amount: Power to Change will award revenue grants averaging £50,000 – they expect grants to be above £15,000 and below £100,000. Small amounts of capital funding averaging around £25,000 are also available to applicants to sit alongside the main revenue grant. This £150,000 funding pot is to support organisations to put down small deposits to help them secure land and buildings.

Open to: Organisations that meet Power to Change’s community business criteria – information on this can be found in the guidance

Deadline: Funding must be committed by December 2021

What are they looking for?

  • Power to Change will award grants averaging £50,000 to community led housing projects that will create schemes that deliver a majority of permanently affordable homes for rent or sale to locally connected people. These can be either as new build housing or by refurbishing empty properties.
     
  • Organisations applying should have identified a site or buildings and already undertaken some initial project work in order to gain the support of the community and other key stakeholders.
     
  • If successful, organisations should also be ready to start any activities they are seeking funding for within three months of accepting a grant offer.

What will they fund?

  • Feasibility work to assess the viability of a site or buildings for development
  • Pre-development costs to develop plans, leading to submitting a planning application (if required)
  • Post-planning costs for work to get your project ready to start on site

Click here for the website.

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