Thursday, 26 November 2015

Landlord’s plan would lay out selection criteria for some tenants

Olympic village looks to favour those in work

Olympic developer Triathlon Homes is in talks to introduce a lettings plan that could select some tenants for the athletes’ village on the basis of whether they have a job.

Olympics logo

Triathlon is looking to draw up a rental plan for the 679 social homes in Stratford, east London, which will allow it to limit the proportion of tenants it takes from the top of the housing lists on a needs basis.

It hopes that by selecting some tenants based on criteria such as employment status and age, it will be able to inject a sense of aspiration into a more mixed community. Other landlords run similar lettings lists but this is the first time details have emerged about Triathlon’s plans.

The joint venture company, which was set up by developer First Base, and housing associations Southern Housing and East Thames, is creating a plan with the Homes and Communities Agency, which provided £120 million of grant funding to the scheme, Newham Council and the Olympic Park Legacy Company.

Triathlon is also working with Westfield, which is developing Europe’s largest shopping centre near the village on the Olympic park site, in order to create employment opportunities for residents.

Geoff Pearce, executive director at Triathlon and group director of development and asset management at East Thames, said: ‘We have been thinking about how we can make the lettings process more sustainable so we can avoid some of the problems you get by taking people from the top of the housing lists. We are looking at employment and how we could help people and ensure people are on the pathway to employment, reducing dependency on benefit.’

Mr Pearce emphasised that there were still legal hurdles to overcome and the details are yet to be resolved.

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