Creating good
city economies
in the UK
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Community
Commissioning and procurement
Run a local service
Bid for a local asset if it’s closing down or being sold
Manage or own a public asset
Bring arts and culture into local services
Change the way food is procured
Housing
Have influence over the way my neighbourhood develops
Build houses or facilities for my community
Provide the housing my community needs
Set up a community land trust
Build a low impact development
Use social investment to build housing for the vulnerable
A thriving local economy
Create local social supply chains
Make sure money stays within my community
Develop community economics
Run a micro-granting event
Finance
Set up a local bond to improve social outcomes
Secure funding when the banks won’t lend
Set up a bank for community benefit
Get a cheap start-up loan
Sell community shares to raise money
Raise cash from the ‘crowd’
Get investment to grow a social business
Energy
Generate energy collectively with my community
Secure community funds through renewable energy
Get start-up funds for rural community energy
Make my whole town self-sufficient in renewable energy
Government
Commissioning and procurement
Commission for social value
Co-produce local services
Pool budgets and commission jointly
Use public sector spend to stimulate the local economy
Housing
Use pension funds to finance housing
Funding council housing through a local bond
Encouraging community-led housing
Transfer housing to employee-owned mutual
License landlords
Using neighbourhood plans against second homes
Enable self-build
Provide a loan to enable affordable, low carbon housing
A thriving local economy
Set out standard for employers
Support SMEs with funding
Build a foundational economy
Help communities take over assets
Finance
Devolve funding decisions to communities
Support local credit unions
Set up a local bank
Use borrowing powers
Energy
Set up an energy company
Collective energy switch
Support community energy projects
Building a Good Local Economy:
What do you want to do?
Choose your option below...
I want better housing
Find out how
I'm in a community organisation
I'm in the public sector
I want to procure and commission for good
Find out how
I'm in a community organisation
I'm in the public sector
I want finance that works for people and places
Find out how
I'm in a community organisation
I'm in the public sector
I want affordable renewable energy
Find out more
I'm in a community organisation
I'm in the public sector
I want a thriving local economy
Find out more
I'm in a community organisation
I'm in the public sector
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