The Regulator of Social Housing reports that Christian Action (Enfield) Housing Association Limited has been placed on its gradings under review list today (25 May 2022).
The provider’s current published grades are G1/V2. The regulator notifies that a provider’s grading is under review when its compliant grade (G1 and G2 for governance, V1 or V2 for viability) is being investigated in relation to an issue which may result in a downgrade to a non-compliant grade (G3 or G4 for governance, V3 or V4 for viability).
We are currently investigating a matter which may impact on Christian Action’s compliance with the governance element of the Governance and Viability Standard.
The regulator’s gradings under review list is available on its website.