Governance and corporate structure
Housing 21 has adopted the NHF Code of Governance
A formal assessment of Board effectiveness was last carried out by Campbell Tickell in November 2015. The assessment concluded that the Board was effective and discharged its governance duties robustly. The report noted that ‘there is a strong level of depth and diversity in the Board, and a threshold of proficiency and competence across the Board team'.
In preparation for the recruitment of new Board Members, the Board in 2017 carried out a detailed skills review with an external assessment was carried out which ensured that levels of proficiency and competence across the Board have been maintained.
The performance of the Board, committees and its members are appraised annually on both an individual and collective basis.
Housing 21 operate through a simple and transparent corporate structure.
The Regulator of Social Housing (RoSH) Judgements
RoSH rating: March 2022
- The Regulator of Social Housing (RoSH) upgraded Housing 21 back to a G1 rating.
- Governance Rating G1: means the provider meets the regulator’s governance standards
- Viability Rating V1: means the provider meets the regulator’s viability requirements and has the financial capacity to deal with a wide range of adverse scenarios.
RoSH rating: June 2020
- The Regulator of Social Housing (RoSH) downgraded Housing 21 to a G2 rating.
- Governance Rating G2: means the provider meets the regulator’s governance requirements but needs to improve some aspects of its governance arrangements to support continued compliance.
- Viability Rating V1: means the provider meets the regulator’s viability requirements and has the financial capacity to deal with a wide range of adverse scenarios.
RoSH rating: March 2019
- The Regulator of Social Housing (RoSH) affirmed Housing 21’s top regulatory grading.
- Governance Rating G1: means the provider meets the regulator’s governance standards
- Viability Rating V1: means the provider meets the regulators’ viability standards and has the financial capacity to deal with a wide range of adverse scenarios.
RoSH rating: December 2016
- The Regulator of Social Housing (RoSH) affirmed Housing 21’s top regulatory grading.
- Governance Rating: G1 – means the provider meets the regulator’s governance standards
- Viability Rating: V1 – means the provider meets the regulators’ viability standards and has the financial capacity to deal with a wide range of adverse scenarios.
RoSH rating: May 2015
- The Regulator of Social Housing (RoSH) awarded top regulatory grading to Housing 21 in May 2015.
- Governance Rating: G1 – means the provider meets the regulator’s governance standards
- Viability Rating: V1 – means the provider meets the regulators’ viability standards and has the financial capacity to deal with a wide range of adverse scenarios.
