£165m out of reach as NCH gets single star
Nottingham City Homes has lost out on £165 million of government funding after it failed to achieve two stars in its first Audit Commission inspection.
The final report has granted the arm's-length management organisation one star with uncertain prospects for improvement.
Inspectors criticised the poor management of the allocations and lettings service, already under internal council investigation, saying it lacked accountability.
Senior and middle management staff were 'unable to effectively manage day to day services', the report said.
NCH chief executive Lynne Pennington said the organisation was doing a lot of work to address the commission's concerns. Since inspectors visited, a new choice based lettings system had been put in place.
NCH will wait a year before its next inspection and will work with the government and successful ALMOs including Derby Homes to improve its performance.
Pennington said she was confident the ALMO would reach the decent homes standard by 2010.
Gwyneth Taylor, policy officer at the National Federation of ALMOs, said organisations were under pressure to go for early inspections to secure funding quickly.