Sector Scorecard Results Reveal Fall In Average Operating Margin

The ‘Sector Scorecard’ figures for housing associations show a fall in the sector’s overall operating margin.  The scorecard, which was developed by housing associations in 2016, provides benchmark figures for 15 areas which are seen as key to housing association business performance. Some of the metrics are used by the English regulator to assess the ‘value for money’ performance of housing associations. Last year the scorecard was piloted with 315 housing associations, with this year’s report taken from data provided by 329, owning 2.3 million homes and representing 80% of the sector by stock. It revealed the average operating margin has fallen more than two percentage points to 27.89% from 30.3% last year. Read more on Inside Housing.

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Sector Scorecard Gets Industry Backing

A pilot scheme designed to improve efficiency in the affordable housing sector has received backing from industry leaders. The Sector Scorecard aims to create an agreed set of metrics upon which housing providers can compare their performances and ensure they are providing value for money for their customers.  The scheme has received the backing of Housing Minister Gavin Barwell and NHF chief executive David Orr. The Sector Scorecard will measure 15 indicators across five general areas focusing on: business health, development, outcomes delivered, effective asset management and operating efficiencies. Read more on the Home Group website.