Peter T Posted November 29, 2008 Report Share Posted November 29, 2008 Somewhat confused with this Front Page story. I understood, that when Golden Gates Housing was first created a few years ago, that one of the reasons was to access money to bring the properties up to standard. ie Double glazing etc. Yet here we are, reading the same reasons for the new proposed set-up. I thought that all the council properties had been modernised. Can anyone throw any light on this subject? Quote Link to comment Share on other sites More sharing options...
Paul Kennedy Posted November 29, 2008 Report Share Posted November 29, 2008 It's not just double glazing Peter, its new kitchens and bathrooms after a certain number of years. I understand that social landlords can access funds from the Housing Corporation...a Government Agency, and that is the reason that GGH is to become a social landlord. Interestingly though I also note that for the first time ever an ALMO (Stockport) has also accessed funds. Quote Link to comment Share on other sites More sharing options...
observer Posted November 29, 2008 Report Share Posted November 29, 2008 This so-called "Labour" Government have done everything it can to get rid of "Council" Housing; continueing Maggie's "right to buy", trying to sell them off wholesale etc. Now we know the consequences of this policy with the Housing crash, you would think they'd learn the lesson, and begin funding LAs with the means to provide and maintain social housing that is directly accountable to the public. Quote Link to comment Share on other sites More sharing options...
Paul Kennedy Posted November 30, 2008 Report Share Posted November 30, 2008 Just doing some filing and noticed the total costs for both the Decent Homes/ Statutory Obligations and the Modern Standard ?459,261,469 & ?530,106,235 Both exclude professional fees, VAT, management and administration costs and are based on today's prices. Costs are inclusive of preliminaries. I'll get back to my filing. Quote Link to comment Share on other sites More sharing options...
Bazj Posted November 30, 2008 Report Share Posted November 30, 2008 I'll get back to my filing. Wise decision Paul.... Quote Link to comment Share on other sites More sharing options...
observer Posted November 30, 2008 Report Share Posted November 30, 2008 Perhaps this Government could get it done on a PFI, and leave it for our grand-kids to pay off?! Quote Link to comment Share on other sites More sharing options...
observer Posted December 4, 2008 Report Share Posted December 4, 2008 Perhaps Paul could explain why; a Registered Social Landlord can borrow money to invest in housing stock, but a Local Authority ALMO can't? Quote Link to comment Share on other sites More sharing options...
Peter T Posted December 5, 2008 Author Report Share Posted December 5, 2008 I would have thought that you knew the answer to that as GGH/Almo happened on your watch. Quote Link to comment Share on other sites More sharing options...
observer Posted December 5, 2008 Report Share Posted December 5, 2008 Rhetorical Q! Quote Link to comment Share on other sites More sharing options...
observer Posted December 6, 2008 Report Share Posted December 6, 2008 Seems, unlike our European neighbours, this Gov don't like the idea of local Councils "borrowing" as it affects the PSBR. However, it's evidently OK for Gordon to borrow. Quote Link to comment Share on other sites More sharing options...
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