Two housing associations in Tower Hamlets looking at sharing resources to save costs
Two social landlords in Tower Hamlets are trying to achieve costs savings by sharing resources.
The boards of EastendHomes and Tower Hamlets Community Housing last week agreed to explore the possibility of working in partnership.
Over the next coming months board discussions will explore how greater financial efficiency for their services and a reduction in central overheads can be achieved. A residents’ consultation is also being promised.
The two housing associations share a similar history in terms of their housing stock having been transferred from Tower Hamlets Council.
Eastend Homes Chair, Martin Young, said “We have both achieved much since the estates were transferred and the logical next step is to explore how working together in a partnership could help us achieve even more in terms of improvements, value for money for existing rent and service charge paying residents, and the building of more homes for local people”.
THCH was founded in 2000 and owns and manages 2,988 homes.
Eastend Homes was set up in 2005 and owns and manages 3,588 homes.