The Regulator of Social Housing reports today (22 March) that it has updated Shepherds Bush Housing Association Limited's gradings under review listing.
We are currently investigating a matter which may impact on the provider's compliance with both the governance and financial viability elements of the Governance and Financial Viability Standard.
On 22 December 2021, we initially placed the provider on the gradings under review list in respect of its governance grading only.
The regulator notifies that a provider's grading is under review when its compliant grade (G1 and G2 for governance, and V1 and 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's gradings under review list is available on its website.
