Lambeth Living residents will benefit from a £423,000 cash injection into their housing account following the presentation of a cheque today (December 17) from the London Housing Consortium (LHC). The cheque represents a rebate for building products and services sourced from the LHC over the past two years, with the money to be re-invested to improve Lambeth property housing stocks.
The not-for-profit consortium is a specialist public sector ‘purchasing network’ providing social housing organisations with an easy and cost effective route to accessing building services and products.
Lambeth Living Chief Executive, Cathy Deplessis said: “We are committed to providing good quality, warm, eco-friendly homes for residents as efficiently as possible. By using the LHC to source products and services, we have been able to achieve Government targets for sustainability and quality at value for money. This cheque will enable us to improve even more homes across the borough.”
In presenting the cheque, Mij Rahman, Business Development Manager at the LHC, commented: “Lambeth Living’s focus on delivering Decent Homes must be seen in the context of Government policies and the demand and supply of housing in London as a whole. What this has shown is that using LHC as a complete procurement solution can bring value for money and real benefits.”