Monday, 7 December 2015

Newham Accuses TMO Of 'Significant Failure'

Newham Council has accused a tenant management organisation of “significant failure” to manage its finances, in a row over its attempt to dissolve the group. The east London borough has ordered Carpenters Tenant Management Organisation (CTMO) to pay more than £200,000, transferred its staff to the council and moved to end its management license. CTMO is a tenant-run body which has managed the Carpenters Lane Estate in Stratford since 1998. Newham plans a major regeneration of the estate, but has faced high-profile resistance from campaigners supported by CTMO. In a statement, the council said it had decided to end the contract with the TMO and bring services back in house to protect the housing service for tenants. Read the full statement on the Newham Council website.

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