Council Brings ALMO Back In-House

Islington council has taken back responsibility for managing 30,000 homes from its ALMO in a move to save up to £2m a year.  The council says it has decided to bring its stock back in-house to help tenants benefit from extra investment.   The move, designed to save up to £2m a year while boosting investment in estate repairs and new home building, will affect 21,500 tenants and 8,000 leaseholders who will now call the council their landlord. Read more on the Islington Council website.