What is LIFT
The Local Improvement Finance Trust (LIFT) initiative was founded in 2000 as a vehicle for partnership between the public and private sectors for regeneration and the development of facilities for primary care and community services that would best meet the needs of local populations.
The LIFT initiative provides public sector organisations with the means to upgrade existing facilities, and where necessary to develop entirely new premises and estates.
Under the LIFT structure, LIFT facilities are refurbished or built and maintained by a local LIFT company (LIFTCo) – a joint venture between the public and private sectors, which has the responsibility for leasing facilities back to the NHS England and maintaining the premises over the long-term.
LIFT is a proven value-for-money vehicle which can help to overcome some of the practical estate issues which prevent local stakeholders joining together to meet the needs of the local community by accommodating multiple services, not necessarily limited to healthcare, under one roof.
Rather than looking for alternative modes of delivery, most local authorities and commissioning bodies in England are able to engage with their LIFT partners to make full use of this proven and successful model and save expensive additional procurement costs.
If you would like to read more about the impact of the LIFT programme during its first 10 years in operation, please read the Community Health Partnerships report The Impact of the Local Improvement Finance Trust Programme.