Protecting Playing Fields will allow communities to fund projects to upgrade exiting playing fields, buy fields that are under threat or create new ones as part of the Government's Places People Play programme.
Sport England will run five £2m funding rounds over the next three years investing between £20,000 and £50,000 per project. Winning organisations must agree to protect the land for 25 years.
Sport England chair Richard Lewis said: "Playing fields are the places where many young people have their first experience of sport and where communities come together.
"Protecting Playing Fields is about safeguarding and enhancing those spaces and creating new, high-quality playing pitches where the next generation can enjoy sport. This is a great chance to bring the sporting legacy to life in your community."