Community Ownership Fund success!
We are over-the-moon to have been awarded £288,000 from the Community Ownership Fund, during the most recent round of funding. The grant provides £240k of capital funding for building improvements, and £48k funding towards professional fees and revenue costs.
The funding is critical to the long-term sustainability of Stretford Public Hall, allowing us to carry out urgent building repairs and invest in energy efficiency improvements. We hope that building work will begin in the summer of 2024.
The funding is also conditional on additional match-funding, which we hope to raise through a community share offer this winter. The share offer will give people a chance to invest in Stretford Public Hall, through the purchasing of community shares. We hope to launch our share offer at this year’s AGM on Sunday 12th November 2024.
We’re grateful to Co-ops UK and Locality, who supported our Community Ownership Fund application, and to the Department of Levelling Up, Housing and Communities for the funding.