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This amendment for the proposal Supports projects in acquiring the site/object and to fund adaptive reuse is being evaluated.

Amendment to "Supports projects in acquiring the site/object and to fund adaptive reuse"

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    Ownership by the right group / organisation is often very important in adaptive reuse projects. First of all, legal ownership will influence what funding  / financial aid can be applied for (e.g. a government owned site in many countries often has access to other funding than privately owned site). Moreover, ownership can support (or limit) what can be done with a site, restrict or facilitate access, owner can reduce / restrict speculation if gentrification happens, owner can also support low-income business, when the owner is not in it for profit, and this keep price increases to minimum.  Mixed ownership can complicate decision-making, but well organised (e.g. in cooperative) it can also support a more equal way of decision-making. 


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