Housing minister to get tough on corporations

Housing minister Eberhard van der Laan is to get tough on Holland’s 500 plus housing corporations following a string of controversies over pay and investments, Nos tv reports on Friday.

Van der Laan is to discuss his plans to step up supervision of the rent-controlled housing sector and set clear rules on housing corporation investments at today’s cabinet meeting.
Earlier this year it emerged Rotterdam housing corporation Woonbron had lost several million euros investing in turning an ocean liner into a hotel and conference centre. And bosses at the Rochdale and SGBB housing groups are under investigation for fraud.
Meanwhile, tv current affairs show Nova reported on Thursday evening that two housing corporation bosses were given golden handshakes of over €700,000 last year – against official guidelines.
In addition, 130 members of housing corporation supervisory boards have been in the job for longer than the 12 year maximum decided by the sector.

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