Merger of equals delivers Your Housing Group
Two of the North’s leading housing providers have merged to form Your Housing Group.
Harvest Housing Group and Arena Housing have joined together to create one of the UK’s largest housing groups with 32,000 homes across the North West, Yorkshire and Midlands.
Your Housing Group will be based at its Head Office in Warrington and will be headed by Chief Executive Brian Cronin, the former CEO of Arena. Brian will be joined by Kathy Cowell as Chair of the Group, a position she held previously at Harvest.
Brian Cronin, Chief Executive of Your Housing Group, said; “Today is the start of an exciting new era. Social housing providers are facing tough challenges; with Welfare Reform, the increasing need for affordable housing, and crucial service cuts for local authorities, the services we deliver are needed more than ever. This merger has created a modern organisation that will allow us to better serve and support the people and homes in our communities.”
The key focus of this merger has been people and communities from the very start of the process. The combined financial strength and service provisions of both groups will enable Your Housing Group to maintain high levels of local services, including money advice workers, and to grow key areas such as supported housing for young people and housing for older people.
Kathy Cowell said; “Your Housing Group will truly place people at the heart of everything it does and we are committed to our vision of transforming lives and communities. Through our combined resources we have increased capacity to offer enhanced development opportunities which will meet the needs of the growing housing demand.”
The development of affordable housing is another important objective for Your Housing Group. In 2011 both groups secured 100% of its HCA bid submission, a total of nearly £20million, which will help the Group contribute to the Government’s ambitions to deliver 150,000 homes over the next 4 years. The group’s HCA assisted house building programme will create 1,440 new homes.
The Group’s affordable rent programme will be funded by a combination of resources, including the HCA grants. In total Your Housing Group will have a development programme in excess of £150m.
For more information about Your Housing Group visit www.yourhousinggroup.co.uk
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