Community assets

Contributions made by individuals, citizen associations, and local institutions that individually and/or collectively build the community's capacity to assure the health, well-being, and quality of life for the community and all its members.

It can also be used to describe buildings and spaces that communities own and operate themselves.

Further information

Published in May 2007, Making assets work: The Quirk Review argues that community organisations can realise tremendous potential by taking on the management and ownership of community assets. The Review looks at the barriers which may be standing in the way of more communities managing and owning assets, and recommends ways we can create an environment to encourage more community management and ownership of assets.

Community Assets - the benefits and costs of community management and ownership explores the benefits and lessons of community-based organisations taking control, either as managers or owners, of the ‘assets' used by their communities: such as buildings and other facilities that provide a focus for local economy or community activities.

» Department for Communities and Local Government