The Regulator of Social Housing’s use of comparative
metrics in its new value for money (VfM) standard has been welcomed by housing
leaders. The new standard and code of practice will come into effect from 1
April. The standard requires providers to publish performance evidence in their
annual accounts against their own metrics and those defined by the regulator,
and report how that performance compares to their peers. The regulator has also
published seven value for money metrics that providers will be expected to
report against. They include new supply delivered, reinvestment, gearing and
headline social housing cost per unit. Read more on Inside Housing.
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