Local housing companies are independent arms-length commercial organisations wholly or partly owned by councils. They can develop, buy and manage properties within and outside of a local authority area. The homes they provide sit outside of the local government housing financing system and are not subject to the Housing Act and most of the social / affordable housing regulations. Over the past few years the number of companies has increased among councils across the whole of England. It is estimated that there are over 150 local authorities that have set up local authority housing companies However, they are not the only housing delivery vehicles that are available to Councils and this is still an emerging area in terms of policy and best practice.
This seminar will explain and examine why and how local authorities are setting up local housing companies and other delivery vehicles. It is suitable for people in authorities that already have Local Housing Companies and people in authorities that are considering setting up an arms’ length delivery vehicle. It is suitable for councillors, board members, housing managers, tenant representatives, finance staff and others with an interest in the development of new homes through local housing companies and other delivery vehicles.The session will consider the following questions:
The session is accompanied by a very useful hundred-page book that is designed for reference after the session entitled: “Local Housing Companies and Development”.
Venue and Date:
Local housing companies are independent arms-length commercial organisations wholly or partly owned by councils.