Social landlord joins Accord Group
Published by Max Salsbury for 24dash.com in Housing
Standard housing picture 2Image: Housing via Shutterstock
A Black Country social landlord has announced that it is to join the Accord Group.
Heantun Housing Association, which manages 1,200 across the Black Country and Staffordshire, took a "unanimous decision" to select West Bromwich-based Accord as its preferred partner.
The move will include a cash injection of £420,000 a year, worth £4.2 million over the next 10 years, which will be invested in Heatun's homes and services.
The deal will see the organisation retain its own name, board and local operating bases with no job losses, and is likely to take place in June 2014 - subject to formal approval by Heantun’s shareholders and the Homes and Communities Agency.
Chris Handy, Chief Executive of the Accord Group said: “We are delighted that Heantun Housing Association has agreed in principle to join the Accord Group.
“Heantun is a community-based organisation which is innovative in its approach to care and support and we are proud to be able to work with them to deliver excellent housing and services to people who need it the most.”
Nick Crombie, Heantun's chief executive, said: “The Accord Group has an excellent reputation for preserving the independence of the organisations in the group.
“The board wanted a partner to invest in our development as a community based association and in our work in the health and social care fields.
“In the longer-term this move will help us to do this and improve the homes, care and services that we provide to our customers.”
The Accord Group is made up of seven organisations which work together to provide over 11,000 homes and a range of services, including health and social care, to over 60,000 people across the Midlands and beyond.