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White paper reveals proposals to make ALMOs independent | https://www.lease-advice.org/article/leasehold-and-freehold-reform-act-2024/Islington Leaseholders Association
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White paper reveals proposals to make ALMOs independent

12 July 2011 | By Rhiannon Bury @ Inside Housing

Arm’s-length management organisations could become fully independent under government plans to give more choice to tenants.

It said that ministers will explore ‘whether semi-autonomous public sector bodies should now be made fully autonomous, for example, by moving arm’s-length management organisations in social housing into the housing association sector.’ more  

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LEASEHOLDERS

  • Last week, (See above) the Government published a White Paper that outlines proposals potentially giving ALMO’s (HFI) the legal power to convert into Housing Associations.
  • Should an ALMO (HFI) transform into a privatisation model, possibly a COCO, (Community Owned – Council Owned), or Housing Association, all leaseholders bills could immediately become liable to 20% VAT.
  • If we act now, we may be able to prevent this backdoor privatisation of Islington’s housing stock.
  • Our petition is now running out of time…SO…please print out copies of the attached form and sign it.

WE ALL KNOW PEOPLE WHO WILL SUPPORT THIS PETITION

IF ASKED

SO…PLEASE ASK YOUR NEIGHBOURS TO SIGN.

Click on

www.DisbandHFI.org.uk

 

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