Government Responds To Social Housing Regulation Concerns

The CLG Committee has published the government’s response to its September 2013 Report, The work of the Regulation Committee of the Homes and Communities Agency (HCA). In its report, the Committee raised concerns that the regulator’s practice of using governance ratings to signal concerns about financial viability lacked openness, and was confusing and misleading. It recommended that this practice should cease and the regulator publish accurate financial viability ratings. The government welcomed the regulator’s introduction of a ‘watch list’ on its website giving an earlier signal that a provider’s grading is at risk of being downgraded. Download the report and the Government’s response from the Parliament website.