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How community property portfolios build local power & wealth

Take a walk through Braunstone, an area woven with social housing on the edge of West Leicester, and you’ll soon spot the neighbourhood’s gathering spaces. 

An award-winning health and social care centre is buzzing with activity; an energy-efficient community hub comes alive with library visitors and adult education classes. You’ll find a well-used foodbank and pantry, and an affordable ‘pre-loved’ second hand shop in a former post office. A cluster of small businesses and social enterprises share a large hub with a dance academy, as kids spill in and out of the football pitch.

None of these arrived through a private developer’s masterplan. The patchwork has been assembled over 25 years by b inspired: a charity and community anchor that stewards a dozen buildings in and around Braunstone. 

Over this time, they’ve gradually transformed derelict or underused assets into a neighbourhood-scale community property portfolio: a web of spaces making local life thriving and affordable, incubating community businesses and reinvesting profits locally. They’ve revived 12 properties, unlocking affordable workspace for 50 small businesses, activities for thousands of residents, and quality, affordable housing for four families. Many of these assets were transferred from the city council or negotiated at below-market sale prices, then painstakingly retrofitted through patient fundraising, each building becoming a catalyst for the next.

b inspired’s Talk Time Older People’s Social Group // Credit: b inspired

In an area long ranked highly on deprivation indices, b inspired’s story began in the early 2000s with the New Deal for Communities programme. But its longevity comes from the people, like CEO Angie Wright, who refused to let that decade of investment evaporate and worked to reverse the decline signalled by boarded-up shops, empty council buildings, and disappearing local services. As Angie says, “When buildings are neglected, it makes it look and feel like there’s no creativity or potential in the neighbourhood. But there absolutely is.”

This is what it looks like when a community begins to own and shape its own land and buildings for the long term. And it’s not an isolated story…

In London, Stour Trust is acquiring and transforming spaces in gentrifying Hackney, Tower Hamlets, and Southwark, where community organisations are being priced out and long-standing cultural venues evicted overnight. Founder Juliet Can and team have secured multiple virtual freehold leases, including a peppercorn lease of 999 years. That model, says Juliet, “secures affordability for communities in perpetuity, ensuring life-affirming infrastructures continue to exist outside of the market economy.”

Across England, this movement for community asset development is growing. Local leaders are taking on not one, but several, buildings – and turning them into long-term tools for economic justice, social infrastructure and ecological resilience. 

So, what does it take to start the journey from one precarious lease, or no space at all, to a portfolio that transforms a neighbourhood?

1/ Build your partnership

The groundwork is relational. Trace back the origin stories of various community property portfolios and what do you find? Conversations. Coalitions. People coming together around at-risk community spaces, threatened venues and new developments. Or sharing experiences of racial and spatial injustice, or local responses to climate and housing pressures. You also find local authorities and developers wanting to do regeneration differently. 

In Darnall Ward in Sheffield, home to a large migrant community, a coalition is taking form. A number of properties have sat empty or underused for years: from an old B&Q to a historic pub, as well as civic spaces. The neighbourhood is shaped by long-term underinvestment, industrial pollution and a critical shortage of social infrastructure. 

“[This is] putting the health of the Global Majority at risk for the economic benefit of people who don’t live locally. I believe these communities are best placed to begin reopening the doors of high street shops and landmark buildings, with local people making decisions,” says Kisha Bradley from Sheffield-born social enterprise Brightbox.  

Brightbox is convening a group of local residents and organisations with experience of spatial injustice to “decentralis[e] power and financial flow”. They’ll co-shape an alternative vision, collaborating with Sheffield City Council and select private asset owners. 

With new core funding from the National Lottery Community Fund (as part of Platform Places’ pilot Local Property Partnerships programme), the group is negotiating its first two buildings and ensuring local underrepresented people have a seat at the table. Kisha says that the funding has been “transformational”: “We’re now able to think and act long-term.”

In Liverpool City Region, Kindred LCR commissioned research from University of Liverpool finding that 70% of the city region’s socially-trading organisations (STOs) cite a lack of secure, affordable space as a key barrier to viability or growth. In response, Kindred has been collectivising: convening STOs and making the case to the Combined Authority to shift funds to this sector. Through the Local Property Partnerships programme and in collaboration with St Helens Metropolitan Borough Council, they’ve secured, and are now activating, the “Street and a Half”: a row of spaces being reimagined with social impact and creative organisations, with a view to a 30-year lease. As Erika Rushton from Kindred puts it, “Clustering STOs means greater impact.”

2/ Secure funds

Even the strongest partnerships need money, and rarely does it arrive all at once. Funding tends to be a story of careful layering, with three broad areas:

  • Pre-development costs — to resource a small local team to build partnerships, undertake feasibility studies and develop business models.
  • Capital costs — for building acquisition, retrofit and refurbishment.
  • Revenue costs — for programming and marketing spaces.

(Visit the ‘Resources’ section of the Platform Places website for examples of funders)

Wandsworth Town Property Partnership began with a £10,000 grant from the local council, followed by £30,000 in further seed funding from Legal & General. By convening stakeholders over a joyful dinner and mapping who owns Wandsworth Town, they started co-creating a new vision and strategy for local regeneration. This early groundwork led to a National Lottery Community Fund grant, alongside Kindred and Brightbox. 

b inspired shows what layered funding can achieve. Over time, their growing portfolio has made them largely self-sufficient, with around 60% of income coming from trading, space hire, and housing, enabling them to offer affordable space to small businesses and avoid hand-to-mouth grant cycles. Their trading company’s surplus flows back into the charity, which owns the buildings.

Getting governance right is vital in order to raise funds and hold the lease or freehold. Legal entity options range from CICs to CIOs to Community Benefit Societies, but a single entity can rarely hold all the risks, assets, and funding streams across multiple properties. Hastings Commons has developed a governance ‘stack’ of four different organisations working in consortium: a social enterprise company limited by shares, a charitable CBS, a registered charity and a subsidiary housing body. Expert advice is important to find the right model(s) for your organisation (look for pro bono support or funding to cover this).

3/ Negotiate your first space 

Bedminster Works in South Bristol (another pilot Local Property Partnership) is mapping and matching a network of spaces with community organisations, enabling feasibility studies and securing high street homes for groups like Share Bristol: Library of Things. They’ve researched local ownership, selected strategic properties, and begun convening public and private landlords through different tactics. James Perrott from Bedminster Works notes that the area is experiencing “significant gentrification pressures", so acting quickly is crucial, “before buildings are lost to mainstream development.”

Planning obligations can help. Stour Trust partnered with a housing developer through a Section 106 (a planning condition requiring developers to contribute to community infrastructure) to secure their 999-year peppercorn lease, double the size of their original space. Wandsworth Town Property Partnership recently agreed a ten-year social value lease with a local developer (a template Heads of Terms is available on the Platform Places website).

At b inspired, the key was not just persuading the council to transfer assets but shaping the terms of that transfer: pushing back on clauses that banned subletting and insisting on longer leases to more easily unlock funding. CEO Angie explains that the process gets easier each time: “Now we’ve got that foundation of trust, councils and funders can see you’re serious.”

Membership Nation

Jonny Gordon-Farleigh

Rebuilding Popular Democracy in the 21st Century

In an era marked by democratic breakdown and economic pessimism, this short provocation explores the decline of democratic membership organisations as a rarely recognised cause of this crisis, and sets out a strategy for their revival. 

With civil society now dominated by memberless NGOs, it argues that we must confront how the absence of collective institutions is undermining our ability to build and maintain a functioning democracy – particularly at a moment when the political consequences are increasingly visible.

The co-director of the Centre for Democratic Business – Jonny Gordon-Farleigh – writes about the upcoming launch of Membership Nation, a new research programme and a series of conferences in Britain and the United States, which proposes that a civic revival rooted in mass participation and institutional renewal is the only viable way out of the current ‘crisis of democracy’.

There seems to be no end to the interest in the “death of democracy” nor a lack of attempts to renew or reformulate it. Yet, while we may no longer live in a period of apathy and disengagement, the politics that followed the financial crisis appear to be markedly different from – and far less effective than – the popular politics of the past.

What explains these changes in the nature of our democratic institutions and participation across Britain over the last 50 years? And despite the inexorable rise of civic entrepreneurship, policy experimentation, and progressive movements, why does our society remain so unequal, divided, and powerless?

From Membership to Management: The ‘Hollowing Out’ of Civil Society

British civil society has always been plural, spanning public charities, family trusts, trade unions, and mutual societies, but it is democratic membership bodies – those controlled by their members – that once formed the backbone of social change. From leagues and federations to unions and associations, these organisations offered active participation and representation, enabling millions of individuals of modest means to join the same institutions as the most privileged citizens. Through these structures, they built social ties, economic solidarity, and political power.

From the 1960s onwards, however, these membership organisations – with their subnational roots and democratic accountability – were steadily replaced by professionalised, staff-driven NGOs and consultancies offering advocacy services to passive beneficiaries. This “advocacy explosion”, as Theda Skocpol describes in Diminished Democracy: From Membership to Management, redirected civic energy into “professional advocacy, private foundation grant-making, and institutional trusteeship”. The result was a “diminished democracy” – even, as she provocatively calls it, an “oligarchic” one – where hired experts replaced citizens as the agents of civic life.

These transformations hollowed out the institutional foundations of democratic power and initiated a “great disengagement”. Without membership bodies connecting politics, civil society, and business, our public sphere became dominated by a relatively small number of think tanks securing policy achievements “away from democratic contestation.” Individuals were reimagined as ‘disaggregated’ consumers of policy preferences rather than members of a political community who would fund, participate in, and ultimately lead collective institutions.

The Failure of Technocratic Renewal

Faced with widespread public disaffection, calls for “democratic renewal” have risen over the last couple of decades. Yet, as Henry Farrell and Hahrie Han note in their essay ‘AI and Democratic Publics’ (2025), initiatives such as open government, digital consultation, and citizens’ assemblies tend to be procedural rather than structural – concerned with moments of engagement rather than rebuilding the democratic institutions that make participation meaningful. And most remain technocratic and apolitical in nature, framing social and political questions as neutral “problems” to be solved by "disinterested" experts or “mini-publics,” who can apparently reach “collectively superior outcomes” than the wider electorate.

But these examples of disintermediation – which bypasses representative institutions in favour of direct and individualised participation – have only deepened alienation. They invite individuals to contribute as citizen-experts rather than as members of a collective with its own interests and values. As Christopher Bickerton and Carlo Invernizzi Accetti argue in Technopopulism: The New Logic of Democratic Politics, such approaches do not solve the crisis of democratic discontent; they only exacerbate it.

These same logics underpin what political historian Anton Jaeger calls the “movement model” that has dominated contemporary democratic practice: a ‘gaseous’ form of participation that thrives on ease of entry and exit but struggles to generate durable organisation or loyalty. The result, Jaeger warns, is a democracy that appears energetic on the surface yet remains structurally frail beneath it.

Reclaiming Collective Power: Towards a Membership Nation

If the private NGO ‘order’ has edged citizens out of meaningful involvement, how can we close the widening gap between people and power? We argue that democratic renewal requires rebuilding the institutional infrastructure of participation through mass membership organisations capable of shaping interests and values, and encouraging long-term collective action.

To revive democracy, we must recover the membership ethos: the conviction that political agency arises from belonging, not merely voice; from shared institutions, not from the “non-politics” of platforms. By strengthening membership bodies, we can reclaim politics and government from the narrow confines of “policy” and “governance”, re-embedding civic, economic, and political institutions in the fabric of democratic life.

Given the fragility of modern politics, perhaps it is time to rebuild our membership nation: to reinvent the popular democracy of the last century for a different age, and to make the growth of democratic membership associations a priority for the public and policymakers alike.

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Thinking about social infrastructure ‘from the cage’

Luke Billingham

You could quite easily walk past a cage and not even notice it. For many people in inner-city London, though, the cage – or "their" cage – is a place drenched in meaning and significance.

Sometimes referred to as ball courts, pens, or Multi-Use Games Areas (MUGAs), cages often consist of nothing more than a concrete surface, fencing, and a couple of goals and basketball hoops. They are among the most rudimentary structures to be found in any city, and yet the social life of a cage is a complex thing. For different people, the cage may evoke memories of fun, friendship, and laughter, or of fear, danger, and intimidation. 

I've sought to become an expert on the cages in my home borough, Hackney, in north-east London, where I've been a youth worker for the past ten years. Through a series of projects, I’ve spoken with children and young adults, parents, youth workers, and sports coaches about the role cages play in the social life of the local neighbourhood. 

Thinking about social infrastructure ‘from the cage’ can help illuminate important considerations about why, how, and for whom particular parts of the city become significant sites for sociality. In a recent academic publication co-authored with Fraser Curry and Stephen Crossley, I make two main points about cages which I think have relevance for all forms of social infrastructure.

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Cometh the Communitarians: A roadmap for social democracy

Ed Wallis

In the early twentieth century, R. H. Tawney argued that questions of ideology go against the grain of our national psyche. As a country we are “incurious to theory, take fundamentals for granted, and are more interested in the state of the roads than in their place on a map”, he wrote in The Acquisitive Society (1920).

There’s much about our present political moment that further strengthens these practical instincts. The pace of Labour’s political turnaround in recent years means there has not been much space for reflective conversations about the nature of social democracy. But as Tawney went on to say, “it is not enough to follow the road. It is necessary to know where it leads.” 

This maxim is particularly important when in government. At the end of Labour’s last period in office, James Purnell and Graeme Cooke, writing in a 2010 paper for Demos, reflected that New Labour’s “ideological flexibility” brought the party “three major disadvantages in government”. It didn’t help prioritise when faced with difficult choices. It created “blind spots” that left important issues on the back burner. And, with no clear thread to connect policies together, it made it hard to create an enduring electoral coalition.

Keir Starmer himself is dispositionally disinclined towards the ideological – he has repeatedly said there is no such thing as “Starmerism”. What’s more, his government is now under huge and urgent pressure to “deliver change” in the most challenging of circumstances. As such, the bandwidth for big ideas feels even more constrained. 

However, it’s not that the wider party doesn’t have them. The Fabian Society – where I used to work – has always been a key source, home to a rich intellectual tradition that has been central to Labour thinking over the course of its 140-year history. The Fabians are most associated with the big state, ‘democratic collectivism’ of Sidney and Beatrice Webb. However, in a recent Fabian pamphlet, I argued that there are two other strands of the Fabian tradition that are more relevant for the Left today. 

The first is revisionism, whereby each generation of social democrats has sought to consider the appropriate ‘means’ by which their ultimate ‘ends’ can be achieved in modern conditions.

The second strand is the Fabian communitarians – most notably G. D. H. Cole and R. H. Tawney – whose theory of change was rooted in the power of local people and the relationships they form with each other. While communitarianism has long been part of the Fabian story, it has tended to be a subplot. But the big state has been struggling for some time to get to grips with the complex nature of contemporary problems. So the time has come to reverse the balance of history and make the communitarians the mainstream of social democratic ideas today.   

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The Solidarity Economy: An Interview with Tehila Sasson

Historian Tehila Sasson challenges the traditional view that neoliberalism originated on the political right, arguing instead that its roots run through the British Left and the growth of international nonprofits that unintentionally helped legitimise the neoliberal project. Our editor Jonny Gordon-Farleigh interviewed the author to find out more.

JGF: The central provocation of your book, The Solidarity Economy: Nonprofits and the Making of Neoliberalism, is its challenge to the prevailing narrative that neoliberalism originated primarily from the political right.

Instead, you offer an alternative account – one that traces the roots of neoliberalism through the British Left from the 1950s and, in particular, through the growth of the nonprofit sector. By doing so, you illuminate a more complex relationship between the Left and the neoliberal project.

Rather than continuing with a commitment to state-managed economies and the welfare state, parts of the Left shifted toward an approach described as being “in and against the market” – a form of market-based socialism that would advocate for a “distinctively nongovernmental project.“

Could you retrace this historical process that links capitalist development, decolonisation, and the rise of INGOs?

TS: The Solidarity Economy explores how nonprofits – particularly large international aid organisations such as Oxfam, Save the Children, War on Want, and Christian Aid – emerged as key actors in the British, and to some extent global, economy through their development and aid programmes.

Traditionally, these organisations have been studied through the lenses of politics and international governance. Historians, international relations scholars, and anthropologists have often framed NGOs within the broader narrative of "non-governmental governance" that gained prominence in the latter half of the twentieth century. Their activities have also been situated within what historian Charles S. Maier describes as the emergence of alternatives to the "project-state".

My book builds on this scholarship – an essential foundation for the narrative I trace – but seeks to broaden the scope. Rather than viewing these NGOs solely as instruments of governance, I argue that they played a formative role in shaping the British and the global economies. These organisations were not only influenced by economic theories and policies; they also developed economic ideas of their own, like fair trade, and actively shaped economic life through their development and aid initiatives. In doing so, they became integral to the third sector of the British economy.

Historians often refer to organisations like Oxfam and Save the Children as ‘NGOs’ or as ‘charities’. Instead, I use the term ‘nonprofits’ to highlight the unusual positionality these organisations occupy, particularly in how they relate to the world of profit.

On one hand, they hold charitable status and benefit from associated tax exemptions. On the other hand, they actively engage in profit-generating activities, most notably through trading companies they establish and operate. These organisations were key players in shaping the fair trade movement, campaigning for corporate social responsibility, and, at times, calling for consumer boycotts against multinational corporations while simultaneously partnering with other businesses. Some were deeply involved in the distribution of microfinance, while others experimented with models that blurred the line between commerce and ethics. Across these initiatives, they developed a range of practices aimed at being not just economically sustainable but morally justifiable.

A central concern of the book is to explore how these organisations navigated – and often embodied – the tensions at the heart of what is sometimes called "ethical capitalism”.

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