Tuesday, 15 September 2015

New Ten-Year Deal For ALMO

Haringey Council is set to renew its arm’s-length management organisation’s contract for a further 10 years. The Labour-led council is expected to rubber-stamp a proposal to extend the contract of Homes for Haringey for 10 years after the current deal expires on 31 March next year. It also agreed to set up a development vehicle to refurbish stock and build new homes. The decisions follow recommendations from a review by a cross-party panel of councillors and tenants.  The review said Homes for Haringey, which manages more than 20,000 council homes, had shown strong tenant satisfaction ratings, strong tenant involvement and the ability to “move quickly to deliver and can make decisions without the constraints of the lengthy local authority process”. It also said the ALMO has a “significant record of financial savings and efficiencies”. The report said the ALMO had made savings of £3.2m in 2014/15. Read more on the Haringey Council website.

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