Decision details

The Deputy Leader of the Council and Cabinet Member (Health and Wellbeing) submitted a report to update Cabinet on progress regarding the viability of Springs Tenant Management Organisation becoming a standalone housing association through the undertaking of a small scale transfer.

Delegated decision:

That approval be given to continue to support the work on the transfer proposals.

Reason for the decision:

This decision will allow the continuation of a long standing piece of work which would ultimately support SpringsTenant Management Organisation to become independent housing association.

Other option considered and rejected:

Do nothing. This would prevent Springs Tenant Management Organisation fulfilling its ambitions to obtain full independence from the Council.