Question to the Department for Digital, Culture, Media & Sport:
To ask His Majesty's Government when they plan to launch their technical consultation on the Community Health Fund; and how long this consultation will be open for submissions.
His Majesty’s Government has recently announced that community wealth funds will become the fourth cause for dormant assets funding in England.
A community wealth fund will provide funding sources to local communities, with spending decisions made by local residents about how to improve their communities. The Government will soon launch a technical consultation on the design of this important new initiative and welcomes views on how best to ensure its long-term impact; the consultation will be open for 12 weeks.
Secondary legislation to enable dormant assets funding to be directed to community wealth funds will be introduced as soon as Parliamentary time allows.