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Community Asset Transfer in England evaluates whether Community Asset Transfer (CAT), a mechanism for disposing of public property assets by selling, leasing or giving them to community organisations at less than market value, has any effect in reducing place-based inequalities. CATs are set into the context of both theory and policy. Theoretical frameworks used to analyse the transfers include capability approaches and notions of social capital and social innovation. CATs are also considered in relation to other forms of community-led and asset-based development, as they can be seen as part of a historical continuum of social programmes and initiatives aimed at reducing poverty and regenerating deprived neighbourhoods.