History

Greenoak (formed by a merger in 2004 of Pinecroft and Second Achilles Housing Associations) is a registered Industrial and Provident Society with charitable status, registered with the Housing Corporation. Our recent merger has substantially increased our housing stock in Woking, Surrey.

In October 2001, Pinecroft entered into a Management Agreement with Second Achilles to manage the association, it's staff and affairs. During the partnership, we held regular progress meetings with members of both associations.

In considering the future operations, the key objective was for the partner associations to work in the most effective way, seeking to approve efficiency and spread risk.

After consultation with tenants of both associations, merger investigations commenced in October 2003. We are pleased to report that there were no objections to the proposals. With the approval of the Housing Corporation, the affairs of Second Achilles HA were transferred to Pinecroft on 1st July 2004. Following a competition amongst residents, staff and board members, the name Greenoak was selected as the new name for the merged organisation and this was registered by the Financial Services Agency (FSA) in July 2004.

Greenoak provides affordable housing for single people, couples and families of all ages. We also give support to vulnerable people to help them live independent lives in their own homes. We build houses to rent. Our new properties are funded through government grants, long term loans and our own reserves. We have also built leasehold retirement schemes in East Sussex and we manage retirement housing for a charitable trust.