Making Assets Work for Communities - Civil Society Innovation Network 23 Feb 2012

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  • Multiple Asset Transfer – e.g. LB Lambeth, Northampton, Worcestershire, Gateshead, Colchester. 3 types of multiple by place, service or asset type. 2 types of transfer – in parallel to multiple organisations or to Special Purpose Vehicles. Scaling out and scaling up.
  • Making Assets Work for Communities - Civil Society Innovation Network 23 Feb 2012

    1. 1. web: locality.org.uk email: [email_address] tel: 0845 458 8336
    2. 2. Making Assets Work for Communities Annemarie Naylor Head of Assets
    3. 3. <ul><li>Locality is the UK’s leading network of settlements, </li></ul><ul><li>development trusts, social action centres and community </li></ul><ul><li>enterprises.  </li></ul><ul><li>number of Locality members 700+ </li></ul><ul><li>total income £378m </li></ul><ul><li>earned income £193m </li></ul><ul><li>assets in community ownership: £808m </li></ul><ul><li>number of staff employed: 9,000 </li></ul><ul><li>volunteers 23,500 </li></ul>About Locality
    4. 4. <ul><li>Our members are: </li></ul><ul><ul><li>Independent </li></ul></ul><ul><ul><li>Led by local people </li></ul></ul><ul><ul><li>Driving social change </li></ul></ul><ul><ul><li>Trading for community benefit </li></ul></ul><ul><ul><li>Developing community assets and ownership </li></ul></ul>Our Members
    5. 5. <ul><li>Communities generating wealth & circulating it locally </li></ul><ul><li>Communities with pride in their “place” </li></ul><ul><li>Communities taking responsibility - empowerment </li></ul><ul><li>Increased financial & operational independence </li></ul><ul><li>Increased skills base </li></ul><ul><li>Focus for neighbourhood-based service provision </li></ul><ul><li>Opportunities for new partnerships </li></ul><ul><li>Cost of doing nothing… </li></ul>Why community assets?
    6. 6. <ul><li>Management arrangements </li></ul><ul><li>Meanwhile Space </li></ul><ul><li>Short term lease transfer </li></ul><ul><li>Long term lease transfer </li></ul><ul><li>Freehold transfer </li></ul><ul><li>Freehold purchase </li></ul>Community Asset Acquisition Increasing: Autonomy Risk Impact Opportunity Capacity required
    7. 7. <ul><li>Can be a long and difficult process </li></ul><ul><li>Local political/community tensions </li></ul><ul><li>Must get the business case right </li></ul><ul><li>Shortage of appropriate finance </li></ul><ul><li>Skills gaps </li></ul><ul><li>Capacity implications </li></ul><ul><li>Competition from (public and) private speculators </li></ul><ul><li>But, YES WE CAN! </li></ul>The Asset Challenge
    8. 8. <ul><li>Advancing Assets – 89 councils, 175 transfer initiatives </li></ul><ul><li>Community Assets Programme – £30m programme working with 38 councils to refurbish and transfer 38 assets </li></ul><ul><li>The Asset Transfer Unit – 65,000 online visitors, 85% councils aware, 1,000 transfers underway each year, 40% increase during 2011-12, 1,100 enquiries, 700+ discrete transfer initiatives supported, cross govt tools & guidance, policy development support </li></ul><ul><li>Multiple Asset Transfer – 15 councils, 200+ transfer initiatives, place/service/class transfers, parallel/SPVs </li></ul>Community Asset Transfer - Experience
    9. 9. <ul><li>Meanwhile Space Project – pop-ups, empty shops, town centre resilience, post-riot support </li></ul><ul><li>Community Builders - £70m programme to support feasibility work, purchase, extend and refurbish community assets </li></ul><ul><li>Community Managed Library Network – 50+ transfer initiatives, Community Knowledge Hub </li></ul>Community Asset Development - Experience
    10. 11. <ul><li>Gives communities the power to ensure that buildings and amenities can be kept in public use and remain an integral part of community life. </li></ul><ul><li>Voluntary and community organisations and parish councils can nominate an asset to be included in a ‘list of assets of community value’. </li></ul><ul><li>LA required to maintain the list. If the owner of a listed asset decides to sell, a moratorium period will be triggered during which the asset cannot be sold. </li></ul>Community Right to Bid
    11. 12. <ul><li>Land or buildings that currently, or in the recent past, promote the social well-being of the local community - in particular, though not exclusively, recreational, cultural and sporting assets. </li></ul>What is defined as an ‘asset of community value’?
    12. 13. <ul><li>Multiple Asset Transfer - </li></ul><ul><li>Place-based – scale, viability – shared assets </li></ul><ul><li>Service-based – speed, silos and salami – service transformation </li></ul><ul><li>Class-based – liability transfer – flexibility, innovation, entrepreneurship and growth! </li></ul><ul><li>Community Rights - </li></ul><ul><li>Bid – ‘save our’, definitions (risk-taking), land value differentials, access to capital – growth of non-statutory public benefit bodies, private assets. </li></ul><ul><li>Reclaim Land – power, competition – community-led housing and energy. </li></ul><ul><li>Challenge – asset & service integration – community-led commissioning & delivery </li></ul><ul><li>Build – land, buy now/pay later – affirmative community-led development </li></ul>Challenges & Opportunities
    13. 14. <ul><li>The Asset Transfer Unit has been supporting councils and community groups to transfer the ownership of community assets for 3 years. </li></ul><ul><li>Find out about some of the projects the ATU has assisted and find further information about the support we can offer: http://www.atu.org.uk/ </li></ul><ul><li>In future > Community Rights Support Service/Grants Programme </li></ul>Where to get more help
    14. 15. locality.org.uk

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