Innovative models for collective community investment and ownership

Expected Outcome: Project results are expected to contribute to all of the following expected outcomes: Community[1] stakeholders co-create[1] and participate[3] in innovative community investment and community ownership models. Community stakeholders benefit from increased local democratic participation, social equity and cohesion, a sense of place and belonging, and local economic development. Scope: Collective community investment and ownership models can empower diverse local community stakeholders to collectively invest in, own, manage, and benefit from local commercial, housing, transitional, or mixed-use assets. By directly engaging community stakeholders, such bottom-up and place-based approaches respond to local community needs and preferences and create local agency and long-term stewardship in the revitalisation of neighbourhoods. Proposals are expected to address all of the following: Develop a collective community investment or ownership model that involves diverse community stakeholders, including marginalised groups or those in a vulnerable situation, in the co-creation and revitalisation of neighbourhoods in line with the New European Bauhaus by focusing on one of the following options: Option A: A community equity investment model that offers community stakeholders the ability to acquire shares in local cooperative and community-based commercial or service-oriented assets to profit from and participate in their further development without necessarily working…