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||Date: 18th November 2011
Ashfield District Council has this week approved that Ashfield Homes Ltd. (AHL) will continue to manage the authority's housing stock.
Ashfield District Council has this week approved that Ashfield Homes Ltd. (AHL) will continue to manage the authority's housing stock.
The decision was taken during the Council’s meeting on Thursday, 17th November, 2011, where the future management of the housing
stock was considered.
The decision means that AHL will continue to manage the stock until at least the next break clause of the Housing Management Agreement is reached in 2016.
The recommendation placed a number of conditions on AHL including the achievement of a minimum of £2.1m savings and options for income generation over a period of five years.
In addition, AHL will implement at restructured senior management team and remove all duplication of functions between it and the Council.
Ashfield District Council owns over 7,000 homes out of the approximate 55,000 in the district.
Ashfield Homes Ltd was created on 1st April, 2002 to undertake all landlord functions of the Housing Service, with the stock remaining in ownership of Ashfield District Council.
The Council and Ashfield Homes Ltd. have a 25 year Management Agreement in place. The agreement allows for a break point every five years with a review decision between 1st October and 31st December 2011.
Employees and trade unions have been consulted and their views taken into account.
The decision means that AHL will continue to manage the stock until at least the next break clause of the Housing Management Agreement is reached in 2016.
The recommendation placed a number of conditions on AHL including the achievement of a minimum of £2.1m savings and options for income generation over a period of five years.
In addition, AHL will implement at restructured senior management team and remove all duplication of functions between it and the Council.
Ashfield District Council owns over 7,000 homes out of the approximate 55,000 in the district.
Ashfield Homes Ltd was created on 1st April, 2002 to undertake all landlord functions of the Housing Service, with the stock remaining in ownership of Ashfield District Council.
The Council and Ashfield Homes Ltd. have a 25 year Management Agreement in place. The agreement allows for a break point every five years with a review decision between 1st October and 31st December 2011.
Employees and trade unions have been consulted and their views taken into account.
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