The chief executive of Your Homes Newcastle (YHN) is to
step down after 10 years at the helm of the city’s housing provider. John Lee
will leave at the end of the year after heading up the arms-length management organisation
(Almo), owned by Newcastle City Council, since it was set up in 2004. Mr Lee
had been seconded as a business expert to the council in August to help it
become more commercially focused, but it is understood he has now accepted a
voluntary redundancy arrangement. It comes following a YHN board meeting in
which a restructure was agreed and amid housing reforms and continuing central
government austerity. Also, in a significant change to the management of the
city’s housing, “financial and strategic accountability” for the housing
revenue account has been passed back to the city council. Read more on the
Newcastle Chronicle website.
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