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JARGON BUSTER

  
     
  DCLG The Department for Communities and Local Government
 		  
  HRA The Housing Revenue Account
Money spent on the Council's housing service
 		  
  GO Government Office
Regionally based offices of Government
 		  
  CHTF The Community Housing Task Force
 		  
  THE DECENT HOMES STANDARD A Government Standard that all Council and Housing Association homes must meet by 2010
 		  
  RENT CONVERGENCE A Government plan to bring all Housing Association and Council rents into line by 2012
 		  
  ALMO An Arms Length Management Organisation
A Council owned housing company to manage the housing service independently of the Council
 		  
  PFI The Private Finance Initiative
A partnership for private investment in the public sector
 		  
  LSVT Large Scale Voluntary Transfer
Transferring a lot of Council homes to an RSL
 		  
  SSVT Small Scale Voluntary Transfer
Small, local transfers to RSLs
 		  
  RING FENCED The HRA can only spend its income of rents and grants. It has no access to Council  Tax money
 		  
  GOVERNANCE How organisations are run and managed
 		  
  REGISTERED SOCIAL LANDLORD (RSL) A Registered Social Landlord
A not-for-profit housing association or trust
 		  
  BOARD OF MANAGEMENT The committee that runs an RSL (usually unpaid)
 		  
  OPTIONS APPRAISAL A search for new investment in Council housing
 		  
  THE HOUSING CORPORATION The body that monitors all RSLs. The Housing Corporation is answerable to Parliament
 		  
  STOCK CONDITION SURVEY A survey of homes to work out how much money is needed to bring them up to standard