Tenant Charity To Fold Amid Strain On Reserves

Tenant charity TAROE Trust will close down at the end of the month following long-running financial woes. The charity, formed in 2013, said it has experienced “reducing levels of reserves” as it has provided services free of charge to tenants living within the regulated housing sector in a challenging operating environment. TAROE has struggled with financial pressures for a number of years. Read more on Inside Housing.

https://www.insidehousing.co.uk/news/tenant-charity-to-fold-amid-strain-on-reserves-67232?utm_source=Housing60&utm_medium=email&utm_content=article_link&utm_campaign=H60

TAROE to Register As Charity to Attract Cash

The Tenants’ and Residents’ Organisations of England has applied to become a charity in a bid to plug funding cuts and secure its future.  The organisation, which represents tenants’ groups and individual tenants, has applied to register a new company - TAROE Trust Ltd - with the Charity Commission. The launch of the charity is expected to take place later this month, pending the approval of the commission.  Michael Gelling, chair of TAROE, said TAROE needs to raise £150,000 or it may struggle to survive.  Read more on the TAROE website.