24th October 2014
This is the first Strategic Business Plan prepared by Andium Homes.
The Strategic Business Plan marks the end of one journey, travelling from the review of social housing in Jersey, through the Housing Transformation Programme, to the setting up and incorporation of Andium Homes, the transfer of the States’ housing stock to its new company, and the success of the bond issue by the States to fund social housing.
The Strategic Business Plan also marks the beginning of a new journey, in which Andium Homes will have the funds to bring all its stock up to the Decent Homes Standard, and to maintain the stock into the future in good condition. Andium Homes will also be able to play an active part in building new homes to meet housing need on the Island: homes not only for rent by social tenants but also a range of tenures including homes for sale in order to enable more households to realise their aspiration to own their own homes.
The Board of this new, States owned, company looks forward to working closely with Ministers in order to achieve the goals of the island’s housing strategy in meeting the needs of the tenants and homeowners of Jersey.