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What does ALMO stand for? 

What does ALMO mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: ALMO.

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ALMO

Arms Length Management Organisation

Business » Management -- and more...

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ALMO

Alabama Library Media Online

Academic & Science » Libraries

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ALMO

Automation Language for Managing Operations

Academic & Science » Language & Literature

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ALMO

Application Lifecycle Management Offering

Computing » IT

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ALMO

Arms-Length Management Organisation

Business » Management

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ALMO

arm’s length management organisation

Medical » British Medicine

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What does ALMO mean?

ALMO
In the United Kingdom, an arms-length management organisation (ALMO) is a not-for-profit company that provides housing services on behalf of a local authority. Usually an ALMO is set up by the authority to manage and improve all or part of its housing stock. Ownership of the housing stock itself normally stays with the local authority. As of July 2008, seventy ALMOs were managing over half of all UK council housing, consisting of more than a million properties. This number has since reduced as local authorities have taken services back in-house or stock has been transferred, of 2016 there are 37 ALMOs who manage nearly a third of local authority housing, approximately half a million council and ALMO homes.

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