NEW REPORT BY THE PUBLIC ACCOUNT COMMITTEE IN WALES COMMENDS HOUSING ASSOCIATIONS
- 02 Aug
The Public Accounts Committee in Wales has commended housing associations and offered recommendations, in its new report.
The report which was put together after nine months of inquiries stated the following:
- Housing associations are becoming "more open, transparent and accessible to all stakeholders, including the public at large"
- The deregulation to offset the ONS should ensure the "Welsh Government, as Regulator, still has sufficient powers to protect the interest of stakeholders, in particular tenants"
- Diversification of tenure could cause "serious risks to the sector"
- The Welsh Government should provide more clarity on how diversification is overseen especially when undertaken by a nonregistered landlord subsidiary
- 15 recommendations have been put together for the Welsh government to act upon
- The Welsh government has been urged to "provide reassurances" as tenants views will be properly captured and reflected in future
- Associations should go beyond publishing information when showing how tenants are empowered to scrutinise their performance
- A recommendation that the Welsh government should enable housing associations to determine whether or not they pay their board members
Nick Ramsey, Chair of the Public Accounts Committee, said:
"Generally, we found governance and regulation within housing sector to be working well enough for housing associations to be granted more autonomy, but in return, we think they should do more to be open and transparent in their decision making."
What do you think?
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For more details, visit 24 Housing.
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