EastendHomes quids in with Public Money

A recent FOI request (FOI 12797 Stock Transfer of Housing) has revealed just how much public money Social Landlord Eastend Homes Ltd got when homes & land were transferred (mostly for no cost) during Housing Choice. A waping £107 million from the DCLG was trousered by the council sponsored landlord for transfers between 2005 & 2007

EastendHomes was given money as part of the stock transfer process from the Department of Communities and Local Government (DCLG) through the Transfer Programme fund. This funding was provided to do internal and external refurbishment works to the properties (including decent homes works), undertake various estate environmental improvements and a contribution towards developing new homes on these estates where applicable.

Estate

Transfer date No of Homes Amount £ per home

Mile End

2005 1477 £40,000,000.00 £27,081.92
Holland 2006 401 £15,000,000.00

£37,406.48

Island Gardens

2006 830 £15,000,000.00

£18,072.29

St Georges

2006 484 £27,000,000.00 £55,785.12

Glamis

2007 345 £10,000,000.00

£28,985.51

   TOTALS 3537

£107,000,000.00

£30,251.63

A trip down memory lane...

Tower Hamlets is offering all estates the opportunity to get involved

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from June 2002

Tower Hamlets is offering all estates the opportunity to get involved in setting up a new not-for- profit housing organisation, independent from the Council.

The new community landlord could take over some of the estates in the borough if residents agree.

There has already been interest from some estates in this option. The new organisation could be registered as a single borough-wide body, but allowing individual estates or groups of estates to opt for local control if that is what they wish.

The new organisation would have very significant community representation, with board members chosen or elected by residents and with residents making up the majority on the boards at local level.

Tower Hamlets is offering all estates the opportunity to get involved in setting up a new not-for-profit housing organisation, independent from the Council. The new community landlord could take over some of the estates in the borough if residents agree. There has already been interest from some estates in this option.

The new organisation must be registered as a not-for-profit social landlord with the Housing Corporation, which is the Government body which monitors and regulates all housing associations and similar social landlords. The new landlord could also be registered as a charity.

 

Estates would be able to choose the new landlord as their preferred partner during stage two of the Housing Choice consultation. “A new organisation would only be appropriate if residents want it,” said Paul Bloss, Assistant Director of Housing. “We will work up initial plans for discussion with the estate steering groups. Their input will be crucial in deciding the final structure and aims of any new social landlord.”

Look out for more information regarding the proposals to set up a new Council-sponsored community landlord in future issues of Openhouse.

New community landlord takes shape - How it all started in 2002

How the idea of Eastend Homes came to be in the mind of Paul Bloss (then Assistant Director of Housing at LBTH) as presented to residents in the fun packed "Open House" magazine.

Plans for a new, Council-sponsored, not-for-profit community landlord outlined in the last issue of Openhouse are taking shape. The Boroughwide Compact Group agreed a working name EastEndHomes for the new landlord at their last meeting.

So what would the new organisation look like? Paul Bloss, Assistant Director of Housing, explains: “The main focus would be on local priorities – what local people want for their homes and estates.”

The organisation would therefore have a group structure a single, borough wide organisation but allowing for a great deal of independence for individual estates. EastEndHomes would be community led.

Residents would have a significant number of places on the main board of directors and a majority on the local boards, if this is what individual estates choose.

The whole structure of the organisation will be designed to give local people genuine

control over the way their estates are managed. Residents from each estate that opts to work with EastEndHomes will be able to choose how much local involvement and responsibility for the management of their homes that they wish to take on.

“The organisation would be completely accountable to residents, and they would have real control over the services they receive,” explains Paul Bloss.

Open House No 8

Eastend Homes Alledged Structure

So what would the new organisation look like? Infographic explains all