Helen Dobson, writing for Jisc's blog on the UK consortium's new diamond OA funding scheme:

Jisc will publish a call directed to mission-based and diamond publishers to submit an application providing detailed information about their journal/initiative and an annual UK HE funding target by a submission deadline date.
Jisc will then check submissions against sector quality standards and will work with approved publishers to arrive at institutional contribution levels […]
We’ll announce participants in late April and open catalogue pages in [in] Jisc’s ordering system, so that members can see details of funding options and pledge support.

It's such happy news: Jisc's Open Acess Community Framework (OACF) is the latest iteration of the mission-aligned funding exchange—the direct-funding alternative to the APC and read-and-publish.