What is community benefit rent reduction (CBRR)?

Question:
What is community benefit rent reduction (CBRR)?
Answer:

The council charges a ‘market’ rent for its premises which, for those in its community portfolio, is currently standardised to £14 per square foot.  CBRR is the council’s scheme for providing a rent subsidy to organisations leasing premises in the community portfolio that provide a wider community benefit through their use of the buildings.  The rate of subsidy is usually 80 per cent.

Full details can be found on the voluntary organisations page.  The leases for the community hubs will be eligible for CBRR and the lessee will be granted CBRR.