1. Tony Crosbie Scottish Land Fund Operations Manager Highlands and Islands Enterprise

2. Scottish Land Fund 3 Runs from April 2016 - March 2020
Programme Headlines
Increase in scale - £10m per year
Increase in scope - extension to urban as well as rural Scotland

3. Programme Outcomes Communities will:
Achieve more sustainable economic, environmental and/or social development through ownership of land and buildings
Have a stronger role in and control over their own development
Own well managed, financially sustainable land and buildings

4. 2-stage process: Stage 1 – Feasibility/ Pre-acquisition
Information gathering
Feasibility funding
Stage 2 – Acquisition
Grants for acquisition
Revenue funding
To help investigate feasibility, sustainability and community aspirations around ownership of a particular asset.
NB acquisition only, NOT post-acquisition development costs

5. Stage 2: Grants for Acquisition
Grants based upon independent valuation not asking price
Up to £1 million (Up to 95% of SLF project costs – average is around 80%)
Match funding / negotiated discount
An asset not a liability (immediate use/meanwhile use)
If post asset development funding is required- are you speaking with other funders? Big Lottery Fund Community Assets / Heritage Funders/RIHF/ LEADER/ local trusts etc.

6. SLF 3 and housing projects
Where SLF is being asked for acquisition and RIHF for development costs, applicants should:
Discuss project in advance with the SLF Case Officer and RIHF Adviser 
Consider applying to both funds for feasibility/ pre acquisition revenue support.

7. SLF 3 and housing projects
Can potentially support:
Technical assistance costs prior to feasibility stage, or not fully covered by RHF stage 1 but required to present business case
Land purchase at over affordable housing value and up to full market value
Purchase of time-critical land/property that will not meet timescales of RHF
NB- SLF can only support at Stage 1 if the site has been identified.

8. SLF 2 Rural Housing Projects
Funded communities to acquire land for housing developments in Argyll, Highlands and W. Lothian.
SLF 3 Housing Projects
Approvals in Western Isles and rural South Lanarkshire with further 16 projects currently under development across Scotland. Mainly rural to date though urban projects welcomed for consideration.