Community buyouts backed Local communities will be given £250m in funding to help them buy their own pubs, shops, community centres and village greens, David Cameron has announced. The PM unveiled a new "community assets fund" and also said that the government will be offering long-term loans to help communities save some vital facilities. "Everyone knows how vital institutions in our towns and villages are, like village halls, playing fields, local pubs. And everyone knows how – despite the best efforts of parish and local councils – these can face closure. I want our social investment funds to give people the opportunity to take them over and run them,” Mr Cameron commented. He also announced a consultation on tax breaks for social funding to encourage more companies to invest in charities and social enterprises.
Posted on: Fri, 07 Jun 2013 06:51:40 +0000
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