Guide to Giving
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  |  Corporate Engagement, Finance, Good Business, Politics

Foresters Set to Strengthen VIC Community


Thursday, 26th August 2010 at 12:35 pm
Lina Caneva, Editor
Foresters Community Finance and the Victorian Government to partner on a community asset building pilot project


Thursday, 26th August 2010
at 12:35 pm
Lina Caneva, Editor


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Foresters Set to Strengthen VIC Community
Thursday, 26th August 2010 at 12:35 pm

 

Victorian Minister for Community Development Lily D’Ambrosio with Belinda Drew (Foresters) and Cath Smith (VCOSS) at the Community Sector Futures Leaders conference in Melbourne | 26 August 2010

 

Brisbane-based community sector finance organisation, Foresters Community Finance has been lured to Victoria to partner with the Victorian Government to carry out a pilot Community Asset Building program.

Speaking at the Community Sector Futures Leaders conference in Melbourne, the Victorian Minister for Community Development Lily D’Ambrosio announced a $160,000 grant from the Brumby Government aimed at helping community organisations secure their accommodation and their long-term financial future as part of the pilot.

Foresters Community Finance is to set up shop in Victoria to help community organisations secure long-term leases and purchase properties from which they provide their community services.

The Minister says many community sector organisations struggle to find suitable and stable accommodation particularly during tough economic times and a tight property market.

She says that with a proven track record in Queensland, Foresters has been very successful in attracting private sector dollars into properties to house community sector organisations.

Foresters CEO, Belinda Drew told the Leaders Conference that the Victoria Government is the first in Australia to support community development financial institutions to undertake asset building.

She says Queensland has shown huge benefits with community organisations owning their own space, allowing them to plan for the long term.

Drew says Foresters sees itself as a conduit between the community sector and the financial market and aims to capture capital that may not ordinarily be available to the communtiy sector.

Workshops will be held over the next 8 months in Victoria to link up with with organisations that are ready to asset build and Foresters say it will work with organisations to get them ready for that stage.

Minister D’Ambrosio also announced a $275,000 grant to the Victorian Council of Social Service (VCOSS) to provide financial and governance training to organisations in the community sector, particularly small groups in rural and regional Victoria.

The Minister commended VCOSS CEO Cath Smith for the ongoing support and involvement in the Government’s Action Plan: Strengthening Community Organisations to build the capacity of the sector.


Lina Caneva  |  Editor |  @ProBonoNews

Lina Caneva has been a journalist for more than 35 years, and Editor of Pro Bono Australia News since it was founded in 2000.

Guide to Giving

FEATURED SUPPLIERS


...


Yes we’re lawyers, but we do a lot more....

Moores

NGO Recruitment is Australia’s not-for-profit sector recru...

NGO Recruitment

Helping the helpers fund their mission…...

FrontStream Pty Ltd (FrontStream AsiaPacific)

More Suppliers

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

Thinkers Look to Melbourne to Grow SA Purpose Economy

Wendy Williams

Thursday, 21st September 2017 at 4:44 pm

Mental Health Groups Call for Same-Sex Marriage to Prevent Suicide

Luke Michael

Thursday, 21st September 2017 at 4:24 pm

$2 Million Grant Helps Give Australians in Need A Fair Go

Wendy Williams

Thursday, 21st September 2017 at 8:35 am

Volunteering Tasmania Forced to Close Launceston Office

Luke Michael

Thursday, 21st September 2017 at 8:25 am

POPULAR

Moves to Stop Volunteering at Overseas Orphanages

Luke Michael

Wednesday, 13th September 2017 at 1:54 pm

Future Uncertain for Disability Organisations Following Funding Cuts

Wendy Williams

Tuesday, 19th September 2017 at 8:29 am

Majority of NFPs Are Not Believed to be Well-Run, According to New Survey

Luke Michael

Tuesday, 12th September 2017 at 4:14 pm

More Australians Are Giving Time Not Money

Wendy Williams

Monday, 11th September 2017 at 5:07 pm

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


Guide to Giving
pba inverse logo
Subscribe Twitter Facebook

The social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!