BOLTON at Home and Arcon Housing Group are considering a potential merger of the two organisations to create a new group structure.
The discussions are in their early stages, but the boards of both the Greater Manchester-based housing associations are said to have given their support.
In a joint statement, Jon Lord, chief executive of Bolton at Home, and Bernard Gallagher, chief executive of Arcon Housing Group, said the proposed new group would enable the delivery of more than 1,300 homes by 2023.
“The coming together of our housing associations will further increase the supply of much-needed homes for both rent and affordable home ownership, and support our collective ambitions to broaden our housing offer. We will of course continue to focus on delivering high quality services to our tenants,” the two chiefs added.
“This strategic partnership has mutual benefits and plays to our respective strengths. Both our organisations are top rated for robust governance and financial stability. We are both already working together as part of the Greater Manchester Housing Providers’ Group and are ambitious to jointly deliver the new homes our region needs at even greater pace than we may be able to do individually.”
Bolton At Home is the larger of the two organisations, with 17,871 homes for social rent; it’s also the most geographically focused, operating in the metropolitan borough of Bolton. Arcon, has 1,129 social rent homes and 138 other properties on its books, spread across Greater Manchester, Cheshire, High Peak and Fylde in Lancashire.