Partnership News May 2017

# TogetherBetter Progress, insights and news updates on our partnership May 2017 Paul Hackett Chief Executive Designate We’re on track to launch Optivo this month and we’re already setting out our stall as a major developing housing association. Well done to the Viridian and AmicusHorizon Development Teams for submitting a really impressive bid to the Greater London Authority (GLA). We’re jointly bidding for more than 2,000 homes and a total grant of £46.5 million; this is one of the largest bids in the g15. And this is just the start… We’ll bid for, at least, a further 500 homes through continuous market engagement as we begin to carve out a name for Optivo. Snap election So, it’s been confirmed a General Election will take place on 8 June. We’re taking the opportunity to lobby the main parties on the things that matter most to Optivo – a quick rent settlement to give clarity on future rent policy and a more joined up approach to housing, welfare and health and social care policies. Increasing our influence One of our objectives in forming a partnership is to increase our influence in the sector. We want to be part of shaping the future of affordable housing as this will help us build a stronger and more successful organisation. So I’m delighted that Optivo’s Sarah Smith, Executive Director of Finance and Resources, has been appointed as Chair of the g15 Finance Directors’ Group. The g15 represents London’s 15 largest housing associations and Sarah’s appointment will further strengthen our influence in London. Kate Dodsworth already Chairs the CIH (Chartered Institute of Housing) in London, Nick Apetroaie is a member of the NHF (National Housing Federation) London Standing Board and I’ll Chair the g15 from September. Where we’re at Discussions with our lenders are progressing well. On Thursday 27 April we received approval from both Boards to merge. Thanks to everybody who’s been involved in developing policies. Assuming everything goes to plan we expect to be able to achieve legal merger by 22 May. Wishing Matt all the best Congratulations to Matt Campion who has been appointed the next Chief Executive of Shepherds Bush Housing Group. Matt, Optivo’s Executive Director Commercial designate, has enjoyed 16 years at Viridian and is now looking forward to this new and exciting opportunity. We wish him well in his future role and thank him for all his efforts as we head towards amalgamation.