For a locally convex $^*$-algebra $A$ equipped with a fixed continuous $^*$-character $\varepsilon$, we define a cohomological property, called property $(FH)$, which is similar to character amenability. Let $C_c(G)$ be the space of continuous functions on a second countable locally compact group $G$ with compact supports, equipped with the convolution $^*$-algebra structure and a certain inductive topology. We show that $(C_c(G), \varepsilon_G)$ has property $(FH)$ if and only if $G$ has property $(T)$. On the other hand, many Banach algebras equipped with canonical characters have property $(FH)$ (e.g., those defined by a nice locally compact quantum group). Furthermore, through our studies on both property $(FH)$ and character amenablility, we obtain characterizations of property $(T)$, amenability and compactness of $G$ in terms of the vanishing of one-sided cohomology of certain topological algebras, as well as in terms of fixed point properties. These characterizations can be regarded as analogues of one another. Moreover, we show that $G$ is compact if and only if the normed algebra $\big\{f\in C_c(G): \int_G f(t)dt =0\big\}$ (under $\|\cdot\|_{L^1(G)}$) admits a bounded approximate identity with the supports of all its elements being contained in a common compact set.
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