The Cabinet Member (Strategic Housing and Support Services) submitted a report providing an update on the work to explore the option of the Springs Tenant Management Organisation becoming a self-financing tenant management organisation.
Delegated decisions:
That approval be given for the Council to continue to support Springs Tenant Management Organisation to become a self-financing organisation.
Reason for the decision:
The development of a self-financing organisation will continue to improve the Springs Tenant Management Organisation and will benefit the residents of the Springs estate.
Other option considered and rejected:
Do nothing. This would prevent Springs Tenant Management Organisation fulfilling its ambitions to become a self-financing tenant management organisation.