Former President Ken Macintosh Joins Lar Housing Trust Board of Directors
the Scottish Parliament former president Ken Macintosh assumed his first non-executive role since leaving politics.
Mr. Macintosh has joined the board of directors of Lar Housing Trust, which specializes in providing mid-range rental accommodation across Scotland. His appointment is described as an important decision by the housing charity as it prepares for a period of growth and expansion.
Lar’s chair, Philip Rodney, said: âI am delighted to welcome Ken to the Board of Directors. His reputation precedes him. He brings a wealth of experience and in-depth knowledge of the Scottish political landscape that will help us achieve our ambitious strategic goals. His expertise will help us increase our success in building communities across the country. Ken will play a pivotal role in helping to shape and drive our strategy going forward. “
Lar was launched in late 2015 with a Â£ 55million loan from the Scottish Government and has subsequently secured Â£ 65million in private funding to build its portfolio of mid-quality rental housing. This portfolio already consists of 840 homes across Scotland – occupied, under construction or planned – at more than 40 locations.
Mr. Macintosh served as Labor MSP from the creation of Parliament in 1999 until he assumed the role of President in 2016. His new appointment with Lar was unanimously approved by the Board of Directors.
He said: âLar is a real success story in Scottish housing and it is very exciting to join an organization and team led by Philip and Managing Director Ann Leslie who are clearly moving in this direction.
“Lar delivers homes that each of us would be proud of and he does so while ensuring that locals are not charged outside of their own neighborhood. It is such an important contribution to make. The fact that it is fully funded on repaid loans without the need for a subsidy from the taxpayer means that this is a housing model we should all watch out for.
Mr. Macintosh officially takes up his duties with Lar at the next board meeting on July 29.