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30 June 2008: London’s largest ALMO gets the green light

Lambeth Council today welcomed the news that the council’s application to form an arms length management organisation (ALMO) has passed its final milestone. The new organisation will be called Lambeth London Living and it will be London’s largest ALMO managing 34,000 tenant and leasehold properties. Along with United Residents Housing and the tenant management organisations, it will manage the council’s housing services and stock.

Lambeth London Living will work with tenants and leaseholders to ensure that their homes will, at a minimum, meet the government’s decent homes standard. That means that thousands of households in Lambeth could benefit from major government investment in their homes so they will be weather-proof and insulated with a modern kitchen and bathroom, and where necessary have central heating and new windows installed.

Asuman Ozkan, Lambeth London Living Chair, said, “This is great news. I am proud to be Chair of an organisation that will work with local tenants and leaseholders to improve their homes, and to be given an opportunity to play a part in making a real and positive difference to their environment and lives.”

The process to set up Lambeth’s ALMO began in July 2007 when tenants agreed by ballot to transfer management of their homes to a new organisation. Lambeth London Living will be managed by 16 board members, who represent tenants and leaseholders, Lambeth Council nominees and independent members. The board will set the direction and strategy for the new company.

Lambeth London Living will be assessed by the Audit Commission in 2009. Achieving a two star rating will allow the funding from the government to be transferred to the organisation over the next few years.

The new organisation’s website will be up and running in mid-July when it can be visited on www.lambethliving.org.uk