In July 2018, Power to Change and the Ministry of Housing, Communities and Local Government commissioned a team from the Centre for Regional Economic and Social Research (CRESR), at Sheffield Hallam University, and the Institute for Voluntary Action Research (IVAR) to provide an economic assessment of the assets in community ownership sector in England.
The objectives of this study were to:
- Provide a detailed map of assets in community ownership undertake in-depth economic assessments of assets in community ownership
- Provide deeper insights into the challenges faced by community asset owners, and identify key factors and processes that have supported their sustainability
- Synthesise findings on the effectiveness of policy interventions, funding provision, support and other factors which have catalysed community asset ownership.
The report finds a community ownership sector not only growing fast, but making an increasingly significant contribution to the UK economy.