Council To Spend £750,000 Keeping KCTMO Running

Board papers from the from the Royal Borough of Kensington and Chelsea (RBKC) revealed a total of £750,000 would be spent on the Kensington and Chelsea Tenant Management Organisation (KCTMO) in 2019/20, with £250,000 being found through the company’s reserves. The remaining £500,000 will be funded directly by RBKC, through its Housing Revenue Account (HRA) budget. The KCTMO managed 9,000 homes across the borough including the Grenfell Tower at the time of the fire in June 2017. Read more on Inside Housing.

https://www.insidehousing.co.uk/news/council-to-spend-750000-keeping-kctmo-running-59817?utm_source=Housing60&utm_medium=email&utm_content=article_link&utm_campaign=H60