Council takes back housing as ALMO closes
A council has taken back responsibility for managing its housing stock after deciding to scrap its arms-length management organisation.
Islington Council decided in November to take its ALMO – Homes for Islington – back in house, saying the move could save up to £2 million a year.
The move – which makes the council landlord to 36,000 tenants - was formally undertaken on Monday when more than 700 former HF staff turned up to work for their new employer – Islington Council.
The council said the money saved will be used to boost investment in estate repairs and building new homes.
Sean McLaughlin, corporate director for housing and adult social services, Islington Council said: ‘Residents will continue to receive their services from the same fantastic staff group that achieved so much under Homes for Islington.
‘With demand for housing rising and risks to the future security of council housing, we’re now bringing council housing back closer to the council. With extra investment, we can build more new homes, protect services in these difficult times and further improve the lifechances of young people.
‘Providing the extra family homes this borough desperately needs is now the council’s number one priority and we are focusing all our energies on this.’
Homes for Islington was set up in April 2004 and spent £600 million upgrading over 18,000 properties to Decent Homes standard.