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What kind of organisation is Tower Hamlets Homes?

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What kind of organisation is Tower Hamlets Homes?

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Tower Hamlets Homes is an organisation set up by Tower Hamlets council to provide housing services to its tenants and leaseholders. It’s a separate not-for-profit company, wholly owned by the council. The council is still the owner of the homes. The council decides the terms on which Tower Hamlets Homes manages the housing and monitors it closely through a management agreement. Tower Hamlets Homes is an ALMO, or arms-length management organisation, part of a government plan to bring extra investment into council housing.

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