Construction News

13/12/2016

Housing Association Gradings 'Under Review'

Regulatory gradings for two Housing Associations are currently under review, it has been revealed.

The GUR lists organisations being investigated for an issue that could result in non-compliant grades for the governance and/or financial viability standard.

The Homes and Communities Agency has confirmed that regulatory gradings for Habinteg Housing Association Limited and Manningham Housing Association Limited are currently under review.

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The HCA's social housing regulator notifies that a provider's grading is under review when its compliant grade (G1 and G2 for governance, V1 or V2 for viability) is being investigated in relation to an issue that may result in a downgrade to a non-compliant grade (G3 or G4 for governance, V3 or V4 for viability).

The outcome of each investigation will be confirmed in an updated regulatory judgement for each provider, once completed.

(JP)

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