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What can our funds be used for?

The AHF provides loan funds to eligible charities and other not-for-profit organisations across the UK, either for the acquisition of a building, to provide working capital throughout a restoration project, to bridge further funding becoming available, or to kick start enterprising activities to secure the future sustainability of the organisation and the building. 

The building must be of historic or architectural importance – it may be listed, in a conservation area, or may be of special significance to the community.

Our loans usually require some form of security, either a first legal charge or a repayment guarantee from a local authority. However, in certain circumstances we are able to offer loans where no security is available.

Who Can Apply?

To apply you must be a formally constituted and either an incorporated charity, community business or social enterprise whose members have limited liability. This includes:

  • Charitable Incorporated Organisations (CIOs)
  • Charitable Companies Limited by Guarantee
  • Not-for-private-profit Companies Limited by Guarantee
  • Community Interest Companies (CICs) Limited by Guarantee
  • Community Benefit Societies

If your organisation is not a registered charity, then it must have an adequate dissolution clause or asset lock in place. [This is a provision in the governing document to protect its assets. It means that if the organisation is wound up any assets must be transferred to a similar not-for-profit organisation (or nominated asset-locked body) once creditors have been paid.]

Exclusions  

The following are not eligible to apply for our funds:

  • Private individuals.
  • Unincorporated trusts or associations.
  • Local authorities and other public sector bodies.
  • For-private-profit companies, unless in a partnership led by incorporated charity, community business or social enterprise.
  • Churches or other places of worship, where the building will remain in use primarily as a place of religious worship.

 

Good Finance

The Architectural Heritage Fund is listed by Good Finance as a provider of social investment