Andium Homes

Published on: 30 January 2023

Question type: Written

Asked by: Max Andrews

Reference: WQ.16/2023

Answered by: David Warr

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WQ.16/2023

WRITTEN QUESTION TO THE MINISTER FOR HOUSING AND COMMUNITIES

BY DEPUTY M.B. ANDREWS OF ST. HELIER NORTH

QUESTION SUBMITTED ON MONDAY 23rd JANUARY 2023 ANSWER TO BE TABLED ON MONDAY 30th JANUARY 2023

Question

“Will the Minister advise whether any discussions have taken place with private institutional investors in order to procure private investment in the Government of Jersey’s social housing provider, Andium Homes?”

Answer

There have been no discussions with private institutional investors in order to procure private investment in Andium Homes.

Andium Homes does not issue shares; it is wholly in the States of Jersey’s ownership. A private investor could not ‘invest’ in Andium Homes without the specific consent of the States of Jersey.