Property and Community assets

Information on the latest issues and developments in property and asset transfer matters
London Funders reports
The asset challenge
(2012) The use of property and asset development to strengthen voluntary and community organisations. 
 
July 2011
Caroline Forster, Director, Adventure Capital Fund (ACF) spoke about the work of ACF as a social investor, which aims to develop financial sustainability in its clients. Stephen Dunmore, Interim Chief Executive, Diana, Princess of Wales Memorial Fund, chaired the session and participants also heard from local authorities of their efforts to develop robust property strategies.

Useful links
Locality has a specialised Asset Transfer Unit to help people navigate the decisions and technicalities. 

My Comunity Space contains resources for voluntary and community organisations on finding and managing premises.
 
External publications
This report by Tara O’Leary, Ingrid Burkett and Kate Braithwaite for Carnegie UK Trust explores the use of assets across different fields, from regeneration and community development to health. It is an effort to consolidate the many reports on property and assets since the 2007 Quirk Review.
 
Assets of community value

House of Commons Library (December 2015)

This note briefly discusses the 'community right to bid' for ‘assets of community value’, introduced by the Localism Act 2011. Councils must maintain a list of ‘community assets’, nominated by community groups. If the asset is sold, the group will be given time to come up with a bid. The note discusses the workings of the scheme and related options with regard to community land and buildings.
 
The Quirk Review - Making Assets Work - saw benefits for both local government and voluntary groups in the transfer of ownership of property and land to the VCS. 
 

This report demonstrates the diversity in the ownership and management of assets, by community-based organisations. It also provides recommendations for the community assets agenda, and notes the conditions needed to ensure that asset ownership or management can achieve benefits.

Community ownership and management of parks and green spaces
My Community, September 2016
Parks and green spaces are often some of the most valued places in local areas, and can be many people’s main or only experience of the natural world. They tend to be owned and run by local authorities, many of whom are under pressure to make savings in parks budgets. But increasingly, local authorities are working with community organisations to see if new models of managing these spaces can be developed, creating both efficiencies and added value services and activities as a result.

Much of this work is exploring new frontiers as there are no well-trodden paths for local authorities and communities to walk down when considering new park management models. This guide explores the opportunities and challenges inherent in developing community-led models of parks and green space management. It proposes some general principles that both local authorities and communities should consider further when developing proposals

 
The future of libraries and volunteering
NCVO (March 2016)
A blog about how the management of libraries and use of volunteers is an illustration of how some public services are changing as a result of cuts.
 
NVCO (2013)
Drawing on a discussion co-hosted by NCVO, 'Intellectual Property - 12 points to consider' looks at some common problems. Intellectual property (IP) is an asset and under charity law, this means it should be managed like any other asset your organisation holds.

London needs open workspaces for creativity and growth
London School of Economics (April 2016)
A blog about how permitted development rights will allow fast-tracked conversion of office space to residential use.

 
Premises for the third sector in London
Lorraine Hart, Community Land Use, 2013
This report, commissioned by the London Third Sector Premises Forum is the last in a series. Other reports were published in 2007, 2009 and 2011. Focussing on policy development in London by borough councils towards land and property, how this affects voluntary and community organisations on the ground and the amount and kind of support that is available to them to address issues that arise. 
 
Neighbourhood Planners London, September 2016
In January 2013, the Government announced new arrangements for the Community Infrastructure Levy (CIL) and its relationship to neighbourhood planning. Department for Communities and Local Government (DCLG) explained that “Neighbourhoods that take a proactive approach by drawing up a neighbourhood development plan, and securing the consent of local people in a referendum, will receive 25% of the revenues from the Community Infrastructure Levy arising from the development that they choose to accept.”
 
This report from Neighbourhood Planners.London (www.neighbourhoodplanners.london) assesses whether the introduction of this financial incentive for neighbourhood planning has had any significant impact in London.