The document summarizes information from a workshop on asset transfer and development trusts in Wales. It discusses how development trusts acquire and manage community assets worth over £500 million across the UK to generate income of £25 million annually. It provides information on what development trusts are, how they cultivate enterprise in communities while securing community prosperity. It also discusses the context of asset development in Wales and gives examples of case studies of development trusts that have successfully acquired and managed community assets.
Can Empty Housing Genuinely be Converted into Real Solutions for Homeless Peo...FEANTSA
Bronagh D'Arcy's presentation in the "Innovative Housing Solutions for Homeless People" workshop at the FEANTSA Annual European Policy Conference on the 10th of June 2016
Can Empty Housing Genuinely be Converted into Real Solutions for Homeless Peo...FEANTSA
Bronagh D'Arcy's presentation in the "Innovative Housing Solutions for Homeless People" workshop at the FEANTSA Annual European Policy Conference on the 10th of June 2016
Andrew Trump Heritage Project Officer NSW Office of Environment & Heritage.Museums & Galleries NSW
Andrew Trump has worked as an arts manager (New England Theatre Company, Q Theatre), an events and celebrations manager (Australia Day Council of NSW, NSW Centenary of Federation Committee), and a local government cultural planner (Gold Coast City Council). He is currently responsible for the design, development, implementation and management of a new three year grants program, part of the Heritage Near Me initiative of the NSW Office of Environment and Heritage.
Heritage Near Me Program
The Heritage Near Me incentives program is part of an initiative announced by the then-Minister for Heritage in 2015. Heritage Near Me is an innovative new program that empowers NSW communities to protect, share and celebrate their local heritage. The program has three funding streams: Local Heritage Green Energy Grants; Local Heritage Activation Grants; and, Local Heritage Strategic Projects. This talk will outline the applicant guidelines for each stream, the current priorities for funding, and provide examples of recent successful applicants.
For more information: http://www.environment.nsw.gov.au/Heritage/heritage-support.htm
Roots to roofs presentation to CUSW NEB - March 5, 2021Kristopher Stevens
Roots to Roofs Community Development Society is striving to be a leading resource group, co-creating housing, energy, training, and planning solutions with communities.
From project visioning and inception, to construction and on-going management, our partners’ desires direct our activities.
Presentation given to the Canadian Union of Skilled Workers and the Aboriginal Skilled Workers Association March 2021 by Kristopher Stevens of Centre of a Circle Consultants.
Margaret Thompson, Community Heritage Grants, National Library of AustraliaMuseums & Galleries NSW
Margaret Thompson has worked at the National Library of Australia since 2005 as part time Assistant to the Community Heritage Grants program, assisting the Coordinator in the administration of the program. Prior to that she has had a career as a Librarian, both at the NLA and various government, special and public libraries in Canberra and interstate.
Community Heritage Grants
The Community Heritage Grants program is a federally funded annual program, administered by the National Library of Australia, which provides grants of up to $15,000 to assist in the preservation of Australian cultural heritage collections of national significance.
Not-for-profit community organisations, such as historical societies, regional museums, galleries and Indigenous and migrant groups, are eligible to apply. Applications for 2017 have now closed, but will re-open again next year in March 2018. This presentation will provide further information for potential applicants on the wide range of eligible projects, tips on preparing your application, and how to navigate the online application process.
Old Oak and Park Royal third Community Forum - March 2018Alexandra Dobson
Following feedback from the local community at the second Community Forum in November 2017, the Community Forum in March 2018, focussed on skills, apprenticeships and job opportunities for local people.
On what turned out to be a rare sunny March afternoon, over 50 people gathered at The Collective to find out about the skills and jobs opportunities in the Old Oak and Park Royal area.
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Using Planning Tools to Support Farm Viability - How Do Community Improvement Plans work for Value Added Agriculture? Presented by Zach Gable, Haldimand County
Andrew Trump Heritage Project Officer NSW Office of Environment & Heritage.Museums & Galleries NSW
Andrew Trump has worked as an arts manager (New England Theatre Company, Q Theatre), an events and celebrations manager (Australia Day Council of NSW, NSW Centenary of Federation Committee), and a local government cultural planner (Gold Coast City Council). He is currently responsible for the design, development, implementation and management of a new three year grants program, part of the Heritage Near Me initiative of the NSW Office of Environment and Heritage.
Heritage Near Me Program
The Heritage Near Me incentives program is part of an initiative announced by the then-Minister for Heritage in 2015. Heritage Near Me is an innovative new program that empowers NSW communities to protect, share and celebrate their local heritage. The program has three funding streams: Local Heritage Green Energy Grants; Local Heritage Activation Grants; and, Local Heritage Strategic Projects. This talk will outline the applicant guidelines for each stream, the current priorities for funding, and provide examples of recent successful applicants.
For more information: http://www.environment.nsw.gov.au/Heritage/heritage-support.htm
Roots to roofs presentation to CUSW NEB - March 5, 2021Kristopher Stevens
Roots to Roofs Community Development Society is striving to be a leading resource group, co-creating housing, energy, training, and planning solutions with communities.
From project visioning and inception, to construction and on-going management, our partners’ desires direct our activities.
Presentation given to the Canadian Union of Skilled Workers and the Aboriginal Skilled Workers Association March 2021 by Kristopher Stevens of Centre of a Circle Consultants.
Margaret Thompson, Community Heritage Grants, National Library of AustraliaMuseums & Galleries NSW
Margaret Thompson has worked at the National Library of Australia since 2005 as part time Assistant to the Community Heritage Grants program, assisting the Coordinator in the administration of the program. Prior to that she has had a career as a Librarian, both at the NLA and various government, special and public libraries in Canberra and interstate.
Community Heritage Grants
The Community Heritage Grants program is a federally funded annual program, administered by the National Library of Australia, which provides grants of up to $15,000 to assist in the preservation of Australian cultural heritage collections of national significance.
Not-for-profit community organisations, such as historical societies, regional museums, galleries and Indigenous and migrant groups, are eligible to apply. Applications for 2017 have now closed, but will re-open again next year in March 2018. This presentation will provide further information for potential applicants on the wide range of eligible projects, tips on preparing your application, and how to navigate the online application process.
Old Oak and Park Royal third Community Forum - March 2018Alexandra Dobson
Following feedback from the local community at the second Community Forum in November 2017, the Community Forum in March 2018, focussed on skills, apprenticeships and job opportunities for local people.
On what turned out to be a rare sunny March afternoon, over 50 people gathered at The Collective to find out about the skills and jobs opportunities in the Old Oak and Park Royal area.
NUM-International Business Management-Investment Opportunity in Myanmar-July-...Sakun Meas
It was an assignment of International Business Management course, a part of Master of Business Administration program in July 2010. We studied and analyzed on the Investment Opportunity in Myanmar, on the primaries components: Market Intelligence, Business Environment analysis, Macroeconomic Business Climate, Opportunities for Market Entry and Market Entry Strategy.
Library Resources for Stocks, Bonds, and Mutual Funds: Morningstar Research I...barringtonarealibrary
With your Barrington Area Library card, you can access current stock information from Morningstar Research Investment Center, Standard & Poor's NetAdvantage, and Value Line Investment Survey.
How Do Community Improvement Plans work for Agriculture - Haldimand County - ...Carolyn Puterbough
Using Planning Tools to Support Farm Viability - How Do Community Improvement Plans work for Value Added Agriculture? Presented by Zach Gable, Haldimand County
The Foreign Investment Law (FIL) was enacted on 2nd November 2012 to promote foreign investment in Myanmar.
The FIL imposes no foreign ownership limit on investment/economic activities, subject to some limits under regulations issued under the FIL.
Section 56 of the FIL empowers the Ministry of National Planning and Economic Development (MNPED) and the Myanmar Investment Commission (MIC) to issue regulations to implement the provisions of the FIL.
The MIC Notification No. 1/2013 categorizes investment activities into 3 lists.
The MNPED Notification No. 11/2013 sets out detailed requirements and procedures for applications for MIC Permits and approvals, etc.
This presentation by Prof. R Nieuwenkamp was made during the Promoting Responsible Investment in Myanmar Conference (4 March 2014, Yangon) at the session the opportunities for RBC in Myanmar.
Find out more at http://mneguidelines.oecd.org/2014-conference-promoting-responsible-investment-myanmar.htm
Planning and management of aquaculture parks for sustainable development of cage farms in the Philippines (AQUAPARK). To further strengthen government’s program in promoting the development of mariculture park where clusters of qualified small-scale farmers and private sectors are encouraged to relocate in designated coastal areas, environmental monitoring and modelling towards sustainable AquaPark implementation was found necessary, of which a socioeconomic study is part of it.
Callan’s 2014 Investment Management Fee Survey provides a current report on institutional investment management fee payment practices and trends. To collect this information, Callan sent an electronic questionnaire to a broad sample of U.S.-based institutional fund sponsors and investment management organizations. Respondents provided fee information for calendar year 2013 (specific dates varied by organization, but the majority were as of December 31, 2013), and perspective on fee practices and perspectives for 2014. We supplemented this data with information from Callan’s proprietary databases to establish the trends observed in this report.
Callan conducted similar surveys in 2004, 2006, 2009, and 2011. We offer commentary regarding differences, where relevant, between historical survey results and the 2014 findings, along with observations reflecting both long- and short-term trends.
Seventy-two fund sponsors representing $859 billion in assets, and 211 investment management organizations with $15 trillion in assets under management, provided detailed fee practices and data on 15 asset classes. Results were supplemented by actual and published fee information sourced from Callan’s fund sponsor and investment manager databases, as well as other industry sources.
Key Findings:
*Investment management fees represent 46 basis points (bps), on average, of fund sponsors’ total assets, up from 37 bps in
2009. The difference between the median and average has climbed over this time period. Other data in Callan’s fee survey also reveals a divergence between the funds that pay the most and those that pay the least in investment management fees.
*The range between funds that paid the most (10th percentile) and those that paid the least (90th percentile) increased dramatically:
from 56 bps in 2009 to 73 bps in 2013. Differences in investment policy, and notably asset allocation, can lead to
substantial disparity in fees. While some funds are increasingly looking to low-cost, public market index strategies, others are
investing a greater portion of their portfolio in high-cost alternative assets. Other key survey findings include:
Alternatives, which are consistently the most expensive asset class, are facing fee compression: the median total asset class fee declined from 134 bps in 2009 to 99 bps in 2013, and the 90th percentile fell from 174 bps to 152 bps. Large allocations to alternatives can greatly increase overall investment management fees.
Correlations between percentage of total portfolio allocated to alternatives and fees paid (in bps) were strong in 2013 (+0.70).
Total U.S. and non-U.S. equity fees paid increased marginally from 2009 to 2011, but declined from 2011 to 2013. Median U.S. equity fees run about 60% of their non-U.S. counterparts. Non-U.S. fees are typically higher in part due to research expenses. Fixed income median expenses were flat from 2009 to 2013.
Andrew Garrad, Bristol 2015 Chairman of the board explains how Bristol 2015 are involved in the European Green Capital award and the business case for going green.
Many ways to support street children.pptxSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
What is the point of small housing associations.pptxPaul Smith
Given the small scale of housing associations and their relative high cost per home what is the point of them and how do we justify their continued existance
Presentation by Jared Jageler, David Adler, Noelia Duchovny, and Evan Herrnstadt, analysts in CBO’s Microeconomic Studies and Health Analysis Divisions, at the Association of Environmental and Resource Economists Summer Conference.
A process server is a authorized person for delivering legal documents, such as summons, complaints, subpoenas, and other court papers, to peoples involved in legal proceedings.
This session provides a comprehensive overview of the latest updates to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly known as the Uniform Guidance) outlined in the 2 CFR 200.
With a focus on the 2024 revisions issued by the Office of Management and Budget (OMB), participants will gain insight into the key changes affecting federal grant recipients. The session will delve into critical regulatory updates, providing attendees with the knowledge and tools necessary to navigate and comply with the evolving landscape of federal grant management.
Learning Objectives:
- Understand the rationale behind the 2024 updates to the Uniform Guidance outlined in 2 CFR 200, and their implications for federal grant recipients.
- Identify the key changes and revisions introduced by the Office of Management and Budget (OMB) in the 2024 edition of 2 CFR 200.
- Gain proficiency in applying the updated regulations to ensure compliance with federal grant requirements and avoid potential audit findings.
- Develop strategies for effectively implementing the new guidelines within the grant management processes of their respective organizations, fostering efficiency and accountability in federal grant administration.
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Understanding the Challenges of Street ChildrenSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
Russian anarchist and anti-war movement in the third year of full-scale warAntti Rautiainen
Anarchist group ANA Regensburg hosted my online-presentation on 16th of May 2024, in which I discussed tactics of anti-war activism in Russia, and reasons why the anti-war movement has not been able to make an impact to change the course of events yet. Cases of anarchists repressed for anti-war activities are presented, as well as strategies of support for political prisoners, and modest successes in supporting their struggles.
Thumbnail picture is by MediaZona, you may read their report on anti-war arson attacks in Russia here: https://en.zona.media/article/2022/10/13/burn-map
Links:
Autonomous Action
http://Avtonom.org
Anarchist Black Cross Moscow
http://Avtonom.org/abc
Solidarity Zone
https://t.me/solidarity_zone
Memorial
https://memopzk.org/, https://t.me/pzk_memorial
OVD-Info
https://en.ovdinfo.org/antiwar-ovd-info-guide
RosUznik
https://rosuznik.org/
Uznik Online
http://uznikonline.tilda.ws/
Russian Reader
https://therussianreader.com/
ABC Irkutsk
https://abc38.noblogs.org/
Send mail to prisoners from abroad:
http://Prisonmail.online
YouTube: https://youtu.be/c5nSOdU48O8
Spotify: https://podcasters.spotify.com/pod/show/libertarianlifecoach/episodes/Russian-anarchist-and-anti-war-movement-in-the-third-year-of-full-scale-war-e2k8ai4
Russian anarchist and anti-war movement in the third year of full-scale war
Viability Not Liability
1. Viability not Liability Workshop
Asset Transfer : Everything You Needed to Know
Peter Williams - Director, DTA Wales
Memo Arts Hall, Barry
10th June 2015
2. Development Trusts Association Wales
• The Development Trusts Association supports its development
trust members as part of a community regeneration &
enterprise network of 40 Trusts in Wales and more than 900
across the UK
• Our members hold community owned assets worth £500 million
across the UK
• Income generated from assets is £25 million p.a.
• We are part of the Social & Community Enterprise and
Community Regeneration Networks in Wales, helping to grow
the Social Economy and build sustainable communities across
Wales
Copyright DTA Wales 2015 2
3. Development Trusts
• Community owned and led
Community accountable and based
organisations
Independent
• Cultivating Enterprise
Operating as social and community
enterprises
Trading in good or services
Not for private profit
• Securing Community Prosperity
Creating wealth in communities and
keeping it there
• Building Assets
Acquiring community owned land or
buildings to create income & ownership
Engaged in long-term economic, social,
environmental & cultural regeneration
• Diverse
Operate in villages, market & coastal
towns, rural areas, former mining
communities, housing estates & urban
areas
Committed to guiding values, new ways of
working, actively involved in partnerships
Copyright DTA Wales 2015 3
4. Asset Based Development &
Development Trusts
• Development Trusts have been at
the forefront and have pioneered
community based Asset
Development in the UK for more
than 40 years
• The DTA network across the UK and
in Wales includes a number of
trusts that have demonstrated the
case and value of Asset Based
Development
• Briefing on Asset Development
published by DTAW & WLGA in
2005
• Taking Quirk Forward in Wales –
Research for Welsh Assembly in
2009
• Community ‘Right to Buy’ campaign
• DTA Wales Guide to Asset
Development ‘To Have and to Hold”
• DTA Wales Assets Web Portal:
http://assetsportal.dtawales.org.uk
• DTA – England managed the Asset
Transfer Unit for 5 years
• DTA – Scotland managed the
Supporting Community Assets
programme
Copyright DTA Wales 2015 4
5. Context for Asset Development
in Wales
• Track record of asset
development in Wales
• Many have been hard won
success in spite of obstacles
• Other assets have been developed
with support of partners- local
authorities other public bodies
• Many assets have been acquired
by community organisations at
market value with use of grant or
loan funding
• Community Asset Development
cuts across a number of Welsh
Government priorities – Finance,
Local Government and
Regeneration, Communities,
Economic Development,
Sustainable Development
• Lead by Welsh Government
Property Division and National
Assets Working Group on
Community Asset Transfer in
Wales – Best Practice Guide, 2015
• Consultation on Assets of
Community Value Measures –
current by Communities Minister
• CAT 1 Programme – Big Lottery
and Welsh Government 2009
• CAT 2 Programme – Launched by
Big Lottery 2015
Copyright DTA Wales 2015 5
6. What is Asset Based Development?
• Community ownership of buildings & land leads to community
transformation
• Possession of tangible assets is a key to achieving viability,
independence sustainability which underpins community based
enterprises & regeneration organisations
• Focus on acquisition or transfer of land and buildings by Development
Trusts, Co-operatives & other Community Enterprises
• Can also include equipment, other natural assets (woodland,
renewable energy, materials for recycling)
• Financial assets – capital funds, endowments or investments on
balance sheets
Copyright DTA Wales 2015 6
7. History of Asset Development
• NOT NEW!
• Early history relating to land reform and land rights (e.g.. Scotland) and
Steve Wyler – A history of community asset ownership, 2009)
• Community Enterprise and Co-operatives History
• Community-led economic development and regeneration
• Asset based community development (ABCD models)
• Community empowerment and ownership and re-investment locally
• Quirk Review 2007
Copyright DTA Wales 2015 7
8. Asset Transfer
• Local authorities and other public bodies can play a key role in
transferring assets to community organisations and enterprises
• Welsh Assembly General Disposal Consent 2003 for ‘Disposal of Land
in Wales by Authorities for Less than Best Consideration’
• Land or buildings can be transferred at less than market value where
there is benefit to ‘economic, social or environmental well-being’ of an
area
• Welsh Assembly Government and Big Lottery £13 million Community
Asset Transfer Fund, 2009
• Added value of assets to communities is greater than ‘financial’ value
• Need to promote & encourage asset transfer - DTA Wales training
Copyright DTA Wales 2015 8
9. Asset Transfer – Key Features
• Often used loosely to describe a whole spectrum of options of
community ownership or management from licenses, leases or
freehold transfer.
• Mostly used in context of transfer of public assets to community
organisations (but can include private sector transfers)
• Link to public sector is due to legal accountabilities and possibilities for
transfer, at ‘less than best consideration’.
Copyright DTA Wales 2015 9
10. Making Assets Work
Creating New Social & Community Enterprises
Assets are the base for a wide range of
community enterprise & services
provided by Development Trusts, Co-
operatives & other Community
Enterprises.
Examples in Wales include
Managed workshops or office space
Shops & retail developments
Restaurants & cafes
Community resource centres
Arts & cultural enterprise centres
Heritage & craft workshops
Housing – including green homes
Sports & leisure facilities
Recycling & environmental improvements
Play & childcare facilities
Renewable energy businesses
Healthy living centres
Copyright DTA Wales 2015 10
11. Benefits
• Community ‘ownership’
demonstration of shift in ownership &
local control
Communities ‘doing it for themselves’.
• For communities
sense of stability & positive vision
• Income Generation
Can be used to generate independent
income & investment
• Local economy
long term benefit, retaining wealth locally
growing assets as foundation for renewal
& enterprise & creating local jobs
• Builds independence and skills,
credibility & viability
• Creates a base & focus for new
community enterprises &
services
employment, training, arts, resources, etc.
• Enables access to wider finance
income generation & loans
• Demonstrates sustainable
development & resilience
regenerates derelict or underused land or
buildings
productive use of resources
brings together social, environmental and
economic solutions, community
reinvestment
Copyright DTA Wales 2015 11
12. Challenges
• Community asset development isn’t for everyone.
• Community assets need to be ‘viable’, not liabilities and ‘fit for
purpose’ – many are not!
• Culture Change - Staff & Boards need good range of skills,
knowledge & governance, to buy, develop & manage assets.
• Can be complex and involve risk - finance, legal, design,
planning.
• Need for good professional advice & support.
• Long term approach & vision required – to build assets &
enterprising communities
Copyright DTA Wales 2015 12
15. GALERI CAERNARFON
Est. 1992 as market town development trust. Started with one property & £350K
grant. Owns & has refurbished 28 derelict properties in town centre & 11 further
properties in slate mining valleys. Community arts project led to development of
award winning £7.5 million creative enterprise centre Galeri Caernarfon with
concert hall, cinema, workshops & offices for rent & café.
Copyright DTA Wales 2015 15
20. • Promo Cymru co-operative enterprise long track record in Cardiff and South Wales working
with young people and cultural industries, media, music.
• Manage CLIC programme across Wales and Youth access TV
• Approached DTA Wales about acquiring Asset Base to build on work in valleys
• Acquired Ebbw Vale Institute on short term license as a stepping stone to Asset
• Transfer and winning Big Lottery CAT 1 Programme support
Ebbw Vale Institute
Copyright DTA Wales 2015 20
21. Menter Mon
• Originally set up in 1996 to administer the Leader II Programme.
• Wales winner of the UK Enterprising Britain Awards
• Developed wide range of regeneration and enterprise projects including Llys
Llewelyn as holiday accommodation, tourism information, shop, gallery and
laundry.
• Recently acquired a number of Assets through transfer including Grade II listed
Llangefni Town Hall approved for funding under Big Lottery Wales CAT 1
Programme in 2010
Copyright DTA Wales 2015 21
22. Menter Mon acquired a
number of buildings through
Asset Transfer including Grade II
Listed Llangefni Town Hall,
Princes Pier, Llys Llewelyn.
Copyright DTA Wales 2015 22
23. SBECTRWM, Vision 21
Long established community enterprise organisation working with people with disabilities in Cardiff
and the Vale. Owns a number of assets, including an industrial unit for carpentry, IT workshops,
horticultural centre, managed workspace & long term lease on former school site refurbished as
Sbectrwm Community Resource Centre with office, meeting, pottery & garden facilities.
Copyright DTA Wales 2015 23
28. Asset Development
Asset Development is a term used to describe the physical
transformation of a land or building asset and the transformation
of a new or existing community organisation or enterprise, to
owning and managing assets.
Copyright DTA Wales 2015 28
29. Asset Transfer
Asset Transfer is a term used to describe the process of the transfer
of the ownership (or sometimes leasehold) of property or land,
from one party to another.
Copyright DTA Wales 2015 29
30. Before you Start
• Do you want to develop a new enterprise or business model, or deliver
services or activities?
• How will you ‘sweat your asset?’
• What you do on the back of the asset, is equally or more important,
than acquiring and developing the asset
DTA TOP TIP
Be clear about what you want the asset for!
Copyright DTA Wales 2015 30
31. Is it the ‘Service’ or ‘Asset’ that is being
Transferred?
• Is it a freehold or leasehold transfer option?
• Have you considered other asset options and locations
• Avoid mistakes from the outset by research, planning, professional
advice & discussion with stakeholders
DTA TOP TIP
Separate the service and the asset and realistically assess whether either or
both are ‘viable’ and ‘sustainable’
Copyright DTA Wales 2015 31
32. Is the Asset ‘Fit for Purpose’
• Will it more than ‘wash it’s face’ and generate income and a surplus or
be a liability?
• What are the costs to bring it up to standard to operate?
• Cost of new build versus refurbishment
• A good idea but have you considered other asset alternatives?
• Location, accessibility, parking
• Planning or other constraints e.g. full repairing lease, heritage, legal
DTA TOP TIP
Be realistic, will it accommodate your enterprise and activities, with room to
grow?
Copyright DTA Wales 2015 32
33. Viability and Sustainability
• Viability – Will the asset have or generate the financial resources you
need to acquire, develop and manage the asset and more than cover it’s
cost?
• Sustainability – Does the organisation have the capacity, right people,
skills and attitude to operate, manage and maintain the asset and
enterprises into the foreseeable future?
DTA TOP TIP
Test every aspect of the CAT process and development through these two
perspectives
Copyright DTA Wales 2015 33
34. Starting Points
• Clear project objectives
• Right organisational culture and attitudes
• Outcome focused – realistic and enterprising
• Leadership
• Professional advice at all times
• Viability and Sustainability Checks
DTA TOP TIP
Know the overarching issues and skills required, that run through the asset
transfer and development process
Copyright DTA Wales 2015 34
35. Overview of the
Asset Development Process
• Inception – the idea
• Feasibility – wanted, desirable, achievable
• Detailed design and planning – fixing plans and cost (viability and
sustainability)
• Implementation – managing the process and professionals
• Management – looking after, using and “sweating” the asset
• Impact – capturing and measuring performance
DTA TOP TIP
Acquire the knowledge and skills you need to take ownership of the process
and asset
Copyright DTA Wales 2015 35
36. Getting Good Professional Advice
• Legal advice
• Architect
• Project Managers
• Financial Advice
• Mechanical, Environmental
Engineer
• Business Support
• Surveyors
• QS/Structural Engineer
• Planning Advisor
• Building Contractors
• Landscape Architects
DTA TOP TIP
Don’t underestimate the need for qualified professional advice and when to
get it
Copyright DTA Wales 2015 36
37. Types of Assets – Peer Learning
• Wide spectrum of types and uses of community owned land and
buildings
• Learn from others about practical experience of what works and
doesn’t work
• Benchmark and test your idea against similar assets and enterprises
DTA TOP TIP
Learn from and visit, at an early stage, other community enterprises, who
have developed similar types of assets
Copyright DTA Wales 2015 37
38. Build Stakeholder Involvement & Support
• Detailed guidance in “To have and to hold” DTA Assets Guide
• Stakeholders can create value, commitment and support and help
reduce risk
• Can create opportunities for innovation
• Improve sustainability for the asset and the organisation
DTA TOP TIP
Plan a process and create opportunities for involvement of stakeholders at
different stages of transfer and development
Copyright DTA Wales 2015 38
39. Feasibility
• Consider as best you can all the “make or break” questions in DTA ‘To
have and to hold’ Guide
• Is the proposal desirable, can it be accomplished, is it viable?
• Identify and forecast all likely costs and income
• Can Capital costs be secured?
• Can the Asset be secured on right terms?
• Is there a market and community support
DTA TOP TIP
Take time to undertake an initial and detailed feasibility study before you
rush into a business plan
Copyright DTA Wales 2015 39
40. Forecasting Costs
• Land & Buildings can be liabilities because they cost a lot to run and
maintain and have legal & other responsibilities
• Planning will help inform your business model and plan and design
and construction
• Need to recover the costs and make a surplus
• See DTA To have and to hold Guide – managing physical maintenance,
managing use and organisational management checklists
DTA TOP TIP
Don’t underestimate the management and maintenance costs
Copyright DTA Wales 2015 40
42. Investment Readiness
• Credibility – of business model and clarity
• Competence – of organisation, governance, financial management etc.
• Capacity – to deliver and to grow
• Confidence – to pitch and sell your idea
DTA TOP TIP
Remember the 4-C’s: that funders and investors look for
Copyright DTA Wales 2015 42
43. Building Financial Stability
• Full Cost Recovery
• Understanding your Business
• Understanding the market and
benchmarking against the best
• Being real about risk
• Knowing the numbers
• Your USP – Social Return on
investment
• Diverse, high quality revenue
streams
• Ownership of the Strategy –
your Board, Trustees,
Stakeholders & staff
• Relationship Management with
funders & investors
Copyright DTA Wales 2015 43
44. Next Steps
• Raising the Finance
• Detailed business and financial planning
• Securing further professional advice
• Design, construction and development
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45. Taking Forward Community Asset
Development & Transfer in Wales
• Learn Lessons from Advancing Assets Programme & Asset Transfer Unit in
England and Community Assets Support Programme in Scotland
• Specific Training for Third & Public Sectors –identifying viable assets,
managing assets, asset transfer (DTA Wales Seminars and Support)
• Development of Specific Community Asset Transfer Policies by Public
Bodies.
• Opportunities for more Strategic Transfer of Assets to Third Sector
• Consultation on Assets of Community Value Measures by WG
• Guidance & Risk Management- in Asset Transfer
• Investment required (CAT Fund, CFAP Fund, Loan Funds, Community
Shares)
• Capturing Good Practice & Added Value of Asset Transfer and
Development (See ARAD Economic Impact Study of Galeri Caernarfon)
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46. Further Information
Websites
www.dtawales.org.uk http://assetsportal.dtawales.org.uk
www.renewwales.org.uk www.communityenergywales.org.uk
DTA Publications:
To Have and To Hold – DTA Guide to Asset Development by Lorraine Hart (2005 & 2010)
Asset Transfer Route Map - ATU 2010
Assets for Enterprising Communities in Wales– Briefing WLGA/DTA Wales 2005
Green Asset Guide – improving the environmental performance of assets (DTA 2007)
Other
Welsh Government Community Asset Transfers in Wales Best Practice 2015
Quirk Review- Making assets work (May 2007)
Opening the Transfer Window (CLG 2007)
CLG – Managing Risks In Asset Transfer A Guide
Community Land Trusts – capturing value for communities
Communities Taking Control – report on community ownership of assets OPDM/Home Office
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47. Support and Advice for Assets
Organisation Website
DTA Wales www.dtawales.org.uk
Association of Independent Museums www.aim-museums.co.uk
Big Lottery Fund https://www.biglotteryfund.org.uk
Building Preservations Trust http://www.ukapt.org.uk/
Business Wales www.business.wales.gov.uk/socialbusinesswales
Community Energy Wales www.communityenergywales.org.uk/
Community Land Advisory Service Wales http://wl.communitylandadvice.org.uk/
Community Land Trusts www.communitylandtrusts.org.uk
County Voluntary Councils www.wcva.org.uk
Locality www.locality.org.uk
Planning Aid Wales www.planningaidwales.org.uk
RICS Wales www.rics.org.uk
RTPi www.rpti.org.uk
The Prince’s Regeneration Trust http://brick-work.org
Wales Community Woodlands Association www.llaisygoedwig.org.uk
Wales Cooperative Centre www.walescooperative.org.uk
Wales Council for Voluntary Action www.wcva.org.uk/CAT2
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48. Membership - Join us!
• Emerging development trusts or existing community regeneration
organisations or enterprises wishing to become development trusts
can become Full Members of DTA Wales
• Housing organisations, local authorities & other partners can
become Associate Members
• Benefits include: newsletter & publications, UK wide and Wales
based conferences, training & seminars, access to best practice
network, peer advice and support, members’ discounts, links to
Energy Action Group and advice from Renew Wales and Community
Energy Wales
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