Asset based development
- Types of assets
- What is asset based development?
- Asset transfer
- Assets and sustainability
- Financing assets
- Development trusts
Assets, both physical and invisible, can be used in a variety of ways to assist voluntary and community organisations achieve long term financial sustainability.
Asset based development is the term used to refer to community based organisations taking responsibility for the ownership and control of property or land to establish a secure base for their operations whilst meeting local community needs.
It is also concerned with these physical or operational assets being used to generate valuable unrestricted income or as a cost saving measure.
Asset based development might not be for everyone. It is not just about the process of developing an asset; it is also concerned with the management of the asset on a day-to-day basis and developing the asset to generate sufficient income to become sustainable.
This section will provide information on how property or land can be used to generate income, assisting you to achieve sustainability. It will also discuss asset transfer, issues for consideration when embarking on asset based development and contains signposts to useful sources of information.
Throughout the section there are useful resources available – case studies, weblinks to further sources of information and various guides to download.
Sustainable Funding Cymru wishes to acknowledge the support of Development Trusts Association Wales in the development of this section of the website.
