£540 million housing and regeneration group gets the go ahead

Nov. 25, 2005
The Housing Corporation has given the go ahead to a new £540 million housing and regeneration group. ASRA Greater London Housing Association and Leicester Housing Association joined forces to create the group that will manage 11,000 homes across the east and south midlands, London and the south east. Group chief executive David Seviour said: “Our financial projections for the Group show potential efficiency savings of £15 million over 30 years, which will have a considerable impact on customer services. The group is well-placed to achieve positive change in excluded communities across central and southern England, through tenant empowerment, community development and regeneration.” Atul Patel, currently chief executive of ASRA Greater London Housing Association, will take up the role of group chief executive when David Seviour retires in April.

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