Magazine article Public Finance

Enfield to Apply for Almo despite Tenant Vote

Magazine article Public Finance

Enfield to Apply for Almo despite Tenant Vote

Article excerpt

Another London council is risking a showdown with its tenants after announcing plans to set up an arms-length company to manage its housing.

Only 34% of Enfield tenants supported the idea of an Almo in an option appraisal survey carried out by the council earlier this year. Thirty five per cent preferred a partial stock transfer, while the remainder voted for other options or no change.

Now the council claims that it has no option but to submit Almo proposals to the Office of the Deputy Prime Minister by September, before the department announces round six of the programme next spring.

Enfield needs £142m to meet the decent homes standard and carry out other work. Without an Almo, it would face a £77m shortfall.

An Enfield spokeswoman pointed out that those who voted for no change wished to remain as council tenants, which would be the case under an Almo. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.