Community Ownership Financing: Options to Complement the Scottish Land Fund

Tender description

The purpose of this work is to identify opportunities to complement the Scottish Land Fund with wider sources of finance, reflecting the range of public policy outcomes delivered through community ownership, identifying the opportunities this presents to finance and support the normalisation of community land ownership. The objectives of this work are to identify: -What are the most relevant current or emerging sources of finance that should be considered -What are the motivations and likely conditions associated with different sources of investment/support, and therefore what are the implications for ownership, community control, governance models, and the financial viability of community assets -The potential role of the Scottish National Investment Bank in providing long term finance -What support is required and what opportunities are there to help communities access complementary sources of finance and to connect potential finance providers -Whether there are implications for the operation and focus of the Scottish Land Fund of potential complementary finance options, and what impact these would have on the viability of the option as a source of match funding, noting that there is no intention to significantly change the Land Fund in the near future -What options are readily available to communities now and what longer term options should the government consider -What actions would help maximise the leverage opportunities.