About this event

This event will enable participants to think creatively about financing community buildings, and to understand and plan for sustainability and legacy

Who is this for?

It is for people in Big Local areas who want to:

• Take on a community building as part of Big Local
• Understand how to plan for making the building sustainable
• Learn about other sources of finance for community buildings

Further information

As some Big Local areas are moving into year 5 of delivering their plans, more areas are considering taking on a building that will be part of their Big Local legacy. But the buildings will need to earn income to keep going beyond year 10 of Big Local. So the questions covered will include:

How can Big Local partnerships make plans to ensure that they will be taking on an asset for the community – and not a liability? 

Can other funding be used for the purchase and could some of it be borrowed from a social lender?

Contributors to this event will include Niamh Goggin from Small Change, who has provided guidance to several Big Local areas thinking of taking on buildings, and Peter Hughes, from Charity Bank, who will talk about what lenders will want to know about your plans if you’re borrowing to finance a community building.