Housing Regulator confirms strong finance and governance grades for C&C
The Regulator of Social Housing has published the results of its latest In Depth Assessment (IDA) into C&C's governance and financial viability, and has confirmed the organisation has retained its G1/V2 rating.
G1 is the highest rating for governance, demonstrating that a provider has fully met governance requirements. V2 demonstrates that a provider has met financial viability requirements, and has the financial capacity to deal with a reasonable range of adverse scenarios, but needs to manage material risks to ensure continued compliance.
Julia Ashley, Chief Executive, C&C, said:
"We are obviously very pleased that today’s judgement has confirmed our previous G1-V2 grading, endorsing improvements made by C&C over the past few years and recognising the operating environment that we are operating in. We continue to focus on improvements that benefit our residents, who are the heart of our business."
The full regulatory judgement from the Regulator of Social Housing can be viewed by clicking on this link.