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Arcadia Housing takes on the future
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| Thursday 9th June 2011 |
The Arcadia Housing Group has today announced plans for major changes. The Group includes Knightstone Housing Association, one of the largest independent providers of housing in the South West.
Arcadia's plans will create more funds for investment in local communities and for building new homes.
The housing association will focus its services on a more concentrated geographic area covering nine local authorities in the West of England and Somerset. They'll also re-shape their services and build a new state of the art office in Weston-super-Mare to replace its six existing offices
Talks are in progress with other housing associations with a view to swapping housing stock. The plans will see Knightstone Housing transferring its housing stock in Wiltshire and Swindon to another association by April 2012 and its houses in Dorset and Hampshire by April 2013.
At the moment Knightstone Housing Association owns and manages 11,000 homes across 37 local authorities. Within three years the association expects to be managing over 10,000 homes in the nine West of England and Somerset local authority areas.
Chief Executive of Knightstone Housing Nick Horne said: "These are bold changes that will transform what we do, how we do it and where we do it. The government changes to housing policy, rents, tenures and welfare benefits as well as the current economic issues, mean major challenges for our residents and partners in the years ahead.
"To achieve this we're setting up a new Individual and Community Empowerment Service (ICE). "ICE will invest in neighbourhoods at a time when other organisations may have to reduce their spend on neighbourhood and community services. We want to make a real difference in our communities and invest more in supporting neighbourhoods so they're places where people want to live and stay.
"We will also build on our position as a major developer of new affordable homes for rent and sale. Our aim is to develop 1500 new homes in the next five years.
"By acting now and making these changes in a planned way over the next two years we will make sure we're able to continue building and sustaining strong communities and doing what matters most to our residents." |
| Posted by 0 for Arcadia Housing Group |
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