THE SOCIAL HOUSING REGULATOR HAS DOWNGRADED A MANCHESTER HOUSING ASSOCIATION
- 26 Oct
St. Vincent's Housing Association (SVHA), Manchester is compliant with regulatory standards but needs to make improvements; its governance rating has been downgraded to a "G2", Inside Housing reports.
St. Vincent had referred itself to the regulator after an internal audit to let it know of the problems with reporting recommendations from fire risk assessments conducted from September 2015 to July 2016 and has retained it's "V1" financial viability rating.
The Homes and Communities Agency (HCA) said:
"SVHA needs to strengthen its operational control arrangements to ensure adherence to all relevant health and safety legislation and regulatory requirements."
"...the internal auditors reported that the problems were not only a result of staff performance and that the system of control was in need of improvement.
"Based on the information provided, we have concluded that there was a failure of operational internal controls and procedures need improvement in order to ensure continued compliance with the Governance and Financial Viability Standard."
A spokesperson for SVHA also said:
"We are grateful to the HCA for their guidance on this issue and we would be working hard to improve in this area. We want to assure all our customers and stakeholders that health and safety is an absolute priority for the organisation."
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