Published: 19th Feb 2019

The National Lottery Heritage Fund has announced a new social investment fund which aims to boost communities by facilitating the re-use of historic buildings. Launching last week, the £7m Heritage Impact Fund (HIF) will provide loan finance to non-profit organisations looking to acquire or revive derelict heritage buildings for good causes. The fund – a first for the National Lottery Heritage Fund, who previously only funded grants – will aim help charities strengthen their business models and reduce their reliance on grants, the non-departmental public body has claimed. The Heritage Impact Fund will be delivered in partnership with the Architectural Heritage Fund, Historic England, Historic Environment Scotland and Rathbone Greenbank Investments. Ros Kerslake, CEO of The National Lottery Heritage Fund said: ‘This partnership is the first of the strategic initiatives arising from our new Strategic Funding Framework.’ ‘It represents an important opportunity to make National Lottery investment in heritage work … (To read the full article, subscribe below)