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APT Midlands seminar 7 June 2013 Ian Rice Architectural Heritage Fund Projects and Development Officer

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Page 1: APT Midlands seminar 7 June 2013 Ian Rice Architectural Heritage Fund Projects and Development Officer

APT Midlands seminar 7 June 2013

Ian RiceArchitectural Heritage Fund

Projects and Development Officer

Page 2: APT Midlands seminar 7 June 2013 Ian Rice Architectural Heritage Fund Projects and Development Officer

Changes to AHF funding schemes in 2013

•Applicant eligibility•Goodbye options appraisal grants (OAGs)•Hello Project Viability Grants (PVGs)•Changes to Project Development Grants (PDGs)•Limited funds available•‘Cold Spots’ grants•Loans policy

Page 3: APT Midlands seminar 7 June 2013 Ian Rice Architectural Heritage Fund Projects and Development Officer

Applicant eligibility• You must be a registered charity or a not-for-profit entity/organisation that is

formally constituted and has a legal structure. Private individuals, commercial developers or other commercial companies are not eligible. Places of worship in current use for worship, even if owned by charities or not-for-profit organisations, are not eligible.

• Partnership applications are welcomed but both organisations have to be charities or not-for-profit organisations and one has to be the lead applicant, with a formal partnership agreement in place.

• Applicant organisations must have in their powers (contained within their articles of association or their constitution) the power to borrow money, own property, and charge a loan against assets including property.

Page 4: APT Midlands seminar 7 June 2013 Ian Rice Architectural Heritage Fund Projects and Development Officer

Project Viability Grants

• Early-stage assessment of financial viability• Up to £3,000 available @ 100% of cost• Trust(ees) can be paid• Quick decisions• Final report required within 6 months or offer withdrawn

Page 5: APT Midlands seminar 7 June 2013 Ian Rice Architectural Heritage Fund Projects and Development Officer

Project Development Grants

• Increased amount available: £20K > £25K• Project Organiser - up to £15K• 25% match funding required• Professional fees – up to £15K• Can include items previously part of options appraisal:

e.g. market research

Page 6: APT Midlands seminar 7 June 2013 Ian Rice Architectural Heritage Fund Projects and Development Officer

Availability of funds

• Extremely limited• Eligible grant applications may be turned down

Page 7: APT Midlands seminar 7 June 2013 Ian Rice Architectural Heritage Fund Projects and Development Officer

‘Cold Spots’ grants

• Funded via J Paul Getty Jnr, Pilgrim Trusts & EH• Previously applicable to South Wales, East Midlands...• No funds currently available for the above• …and to Industrial Heritage• Funds available from 1 April 2013• Up to £10K available

Page 8: APT Midlands seminar 7 June 2013 Ian Rice Architectural Heritage Fund Projects and Development Officer

Loan policy

• Andy Richardson – new loans manager• AHF seeking larger and more diverse loans portfolio• Responding to demand• Flexibility on certain former requirements• AHF loans based on ‘revolving fund’ model until now

Page 9: APT Midlands seminar 7 June 2013 Ian Rice Architectural Heritage Fund Projects and Development Officer

Summary

• Relaxation of eligibility criteria• Higher number of applications = increasingly competitive• Online applications later in 2013• Attempt to deal with more buildings at risk• BPTs remain at core of AHF customer base

Page 10: APT Midlands seminar 7 June 2013 Ian Rice Architectural Heritage Fund Projects and Development Officer

Thank You

Ian RiceProjects and Development OfficerArchitectural Heritage FundTel. 0207 925 0199/ 07450 [email protected] www.ffhb.org.uk