RBH given highest rating by Government regulator
Date published: 28 June 2017
Rochdale Boroughwide Housing logo
Rochdale Boroughwide Housing (RBH) has been upgraded to the highest governance rating (G1) and remains on the second-highest viability rating (V2) following the recent In-Depth Assessment (IDA) carried out by the Homes and Communities Agency.
All housing associations receive an IDA every three to four years. The 2017 assessment was the first for RBH since transfer from Rochdale Council.
Gareth Swarbrick, Chief Executive of RBH, said: “We are very pleased with this regulatory judgement which recognises the work that our employees, working together with our tenants, do every day, in what we know can often be challenging circumstances. I'm extremely proud of the hard work that our employees, tenants and board members have put in together to ensure that the judgement was positive.
Our mutual model puts our tenant and employee members at the heart of our decision-making and we are pleased that the regulator agrees that our governance arrangements deliver effective decision-making and risk management. We want to continue to deliver for our tenants and communities which means utilising our resources to best effect."
The HCA rating of G1 shows that the regulator believes that RBH is meeting the requirements set down on governance. The V2 rating, means that the regulator believes that the requirements on financial viability are being met, but that RBH continues to have risks and challenges to manage.
Do you have a story for us?
Let us know by emailing news@rochdaleonline.co.uk
All contact will be treated in confidence.
Most Viewed News Stories
- 1High-speed electric train linking Rochdale and London could be on track for 2027
- 2Pedestrian crossing to improve safety on busy town centre road
- 3Rochdale businessman accepts national award at 2024 British Muslim Awards
- 4Mayor launches £600k initiative to uplift housing standards in Greater Manchester and combat rogue...
- 5Young child and dog driven at 150mph in attempt to escape police
To contact the Rochdale Online news desk, email news@rochdaleonline.co.uk or visit our news submission page.
To get the latest news on your desktop or mobile, follow Rochdale Online on Twitter and Facebook.