The Secretary of State has confirmed that the Office of
National Statistics (ONS) is formally reclassifying housing associations as
private organisations. The change follows deregulatory measures in the Housing
and Planning Act that aimed to address ONS concerns about the level of
government involvement in the housing association sector. This is a welcome
recognition of housing associations as independent social businesses with a
shared purpose of building quality homes that everyone can afford. It
reinforces the independence of boards and will allow us to secure the long-term
finance needed to build more homes, delivering our ambition to drive up supply.
Read more on the NHF website.
No comments:
Post a Comment