The Regulator of Social Housing reports that Eldonian Community Based Housing Association has been placed on its gradings under review list today (2 June 2021).
At the time of the last Statistical Data Return, the provider had fewer than 1,000 homes and therefore does not have a current published regulatory grading in accordance with our established procedures.
The regulator is currently investigating matters which may impact on ECBHA’s compliance with the Governance and Financial Viability Standard.
The GUR lists providers where we are investigating a matter that might result in them being assessed as non-compliant in relation to the regulator’s Governance and Financial Viability Standard.
The regulatory standards can be found on the RSH website.
The Regulator of Social Housing promotes a viable, efficient and well-governed social housing sector able to deliver homes that meet a range of needs. It does this by undertaking robust economic regulation focusing on governance, financial viability and value for money that maintains lender confidence and protects the taxpayer. It also sets consumer standards and may take action if these standards are breached and there is a significant risk of serious detriment to tenants or potential tenants.
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