ALMO wins 30-year management contract
Published by Max Salsbury for 24dash.com in Housing and also in Local Government
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A Somerset-based ALMO has been awarded a new long-term housing management contract.
Homes in Sedgemoor will continue running Sedgemoor District Council's 4,200 homes for the next 30 years.
The new agreement is the culmination of a ‘tenant led’ housing options review undertaken during 2013, which concluded that Homes in Sedgemoor would remain as the managing agent for the council’s housing stock.
The deal also allows the ALMO to build new properties and deliver extra services.
Since being established in 2007, Homes in Sedgemoor won £25 million in government funding in 2011 to bring its stock up to the decent homes standard.
The ALMO has since improved over 3,000 properties and will complete the programme later this year, six months ahead of schedule.
Dawn Lang, chief executive of Homes in Sedgemoor, said: "This process has truly taken on board the views of tenants and it is a really positive outcome for them. The new management agreement provides us with a sound basis on which to move forward and is absolutely great news for tenants and staff."
Council leader Duncan McGinty said: "I am pleased that Homes in Sedgemoor will continue to manage the Councils housing stock for the long term. Tenant’s views have been central to the review process and it was clear from the outset that they wanted Homes in Sedgemoor to continue the management of their homes.
"Now the new management agreement is in place the council is very much looking forward to working with Homes in Sedgemoor and tenants in the continuation of what has been a genuine partnership, to deliver more council homes and additional services for our tenants."