We pride ourselves on being a responsible and reliable organisation, which is central to the way we manage our finances, invest our money and manage our business.
Our income comes from:
The rent paid by our residents
The public purse, or taxpayers, through grants which support the development of new affordable homes
The income we generate by selling homes
Funders and partners, who lend us money to develop new housing
We use this money to invest in our communities, our residents, our staff and our Board members, as well as buildings and homes.
We are committed to being open with our stakeholders and the wider public about how we spend our money and manage our business.
In 2017, after an in-depth assessment, the Homes and Communities Agency (HCA) determined that we met the requirements on governance and viability set out in the Governance and Financial Viability standard, confirming our previous rating as G1 and V1. Find out more on the HCA website.