St Vincent's Housing Association and Mosscare Housing Group have been in merger discussions for a number of months and a good deal of progress has been made in bringing about the establishment of a new organisation, Mosscare St Vincent's Housing Group.
The merger will bring together two community-based organisations, both with a long history of working closely within communities to tackle social, housing and health inequalities.
A full stakeholder consultation, including shareholders, tenants and colleagues, has taken place, resulting in strong support for the merger. Currently, all lenders have given either informal or formal support for the merger with the final lender negotiations being close to completion.
The Shadow Board and Executive Team have been working hard on a new strategy for Mosscare St Vincent's Housing Group, and expect the merger to complete within weeks.
For more information on the merger please contact the communications team at email@example.com