The organisation will be comprised of a charitable housing association, a charitable foundation and a newly created commercial company to be called Latimer. The new merged consortium will come into effect in 2017.
-- Advertisement --
Plans for Clarion include building 50,000 new homes in ten years from 2019. In addition, it will serve as one of the country's biggest providers of employment, supporting 4,000 people into work each year.
Keith Exford, Chief Executive Designate, said: "We have carefully selected a name and brand for the new Group that represents our scale and ambition. 'Clarion' signals the clarity of that ambition.
"Together we will be a powerful force in housing and in our communities."
(LM/CD)
