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The countdown to rent restructuring has begun.
Consistency between housing associations and convergence with local authorities are the end results required by government. To achieve this, you have 10 years during which the rents your organisation charges must move towards prescribed 'target' rents.
A national formula involving county earnings and individual property values, rather than the policies and priorities of your organisation, will be the main drivers of your rent setting process. But it is up to you to construct your rent plan, to decide how quickly you implement change and to work out how best to communicate all of this to your tenants.
The new regime will start on April 1st 2002. Are you ready?
This seminar, specially designed for voluntary members, will look at:
- what the new regime will mean for London housing associations, their rent levels and business plans
- how it will affect small, black and minority ethnic associations and providers of supported housing
- the impact it will have on new development
- the approach the Housing Corporation will take towards regulation of the new regime
- what to do if your organisation cannot achieve rent restructuring within the 10 year timescale.
Voluntary members are essential to the whole rent restructuring process. If you want to be on top of all the issues, this event is a must!
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CHAIR: Peter Briggs, London Voluntary Members Forum
Danny Friedman
Head of Research and Information, National Housing Federation
Danny is responsible for leading the Federation's work on rent restructuring including modelling the potential impact of the new regime on a cross section of housing associations. He will give an overview of the restructuring proposals, bring you up to date on al the latest developments and concentrate on the implications for London and specialist associations.
Grahame Hindes
Chief Executive, Octavia Housing and Care
Moving from the general to the specific, Grahame will discuss how they are approaching rent restructuring at Octavia Housing and Care. He will outline the main issues raised by restructuring and how these impact on the association's future strategy, as well as how they are working with board members and involving tenants.
Kevin Millgate
Assistant Director, Financial Appraisal, Housing Corporation (London)
Kevin will set out the approach being taken by the Corporation as they review associations' rent plans. He will outline the circumstances under which the issuing of waivers and/or derogations are being considered as well as discussing other corrective strategies associations may need to adopt in order to achieve restructuring within the prescribed timescale.
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was formed in 1991 to provide support, training and networking opportunities for London voluntary board members. We hold regular seminars and conferences and membership is free.