The Hackney Council has announced Community Infrastructure Grants to provide grant investment that continues to increase opportunities for Hackney residents and delivers services which make a difference to people’s lives.
- The Council’s Corporate Plan is cross-cutting in nature, focusing on key inequalities (specifically racial inequality) and the needs of the most vulnerable.
- They also understand that unrestricted funding for community infrastructure organisations needs long-term resources. However this interim year will allow them to understand and learn how well the grant is achieving its purpose and inform thinking about where to make changes in order to improve.
Principles of this funding
- Grants will be unrestricted revenue funding although they expect organisations to collaborate with them on determining what they will use the funding for
- There are two stages to the application
- Organisations can be based in and serve a particular area of the borough or community led borough wide organisations, or they may be both
- Joint/partnership bids are accepted.
- They will be allocating grants up to a maximum of £45,000 although grants to organisations with an annual turnover of £250,000 and above will be capped at £25,000. They anticipate that most grants will be in the region of £10,000 to £25,000.
- Organisations must be not-for-profit, value-driven and principally reinvest their surpluses to further social, environmental or cultural objectives.
These are typically the following organisations:
- Registered charity or Charitable Incorporated Organisation (CIO)
- Charitable company or Social Enterprise (companies must have asset locks, be wholly not-for-profit and without share capital)
- Community Interest Company (CIC)
- Company limited by guarantee (companies must have asset locks, be wholly not-for-profit and without share capital)
- Cooperative and Community Benefit Society
- Unregistered community group
- Structured group of residents (Community Chest only)
Please note that private businesses and individuals are not eligible to apply for grant funding from this programme.
- At least 80% of the people benefiting from the funding request must be Hackney residents.
- You must be able to tick ‘yes’ to all of the questions in the eligibility checklist on the application form.
For more information, visit Hackney Council.
For more information, visit https://hackney.gov.uk/community-grants