The Regulator of Social Housing reports that ForHousing Limited has been placed on its gradings under review list today (26 October 2022).
The provider's current published grades are G2/V1. 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).
The regulator is currently investigating a matter which may impact on ForHousing's compliance with the governance element of the Governance and Financial Viability Standard. The outcome of the investigation will be confirmed in a regulatory judgement, once completed.
The regulator's gradings under review list is available on its website.
Notes
- 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.
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