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Cuts to budgets in deprived areas = higher than more affluent areas
The JRF report details that local government spending (excluding police, schools, and housing benefit) is set to fall by nearly 30% in real terms…
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HA surpluses rise to £1 billion
The combined surpluses of Britain’s 30 biggest housing associations by number of homes owned soared to almost £1 billion in 2012/13, according to research…
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NHF ask banks not to re-price debt
The National Housing Federation is calling on banks to not re-price existing debt because of likely breaches of lending agreements caused by new accounting…
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HAs could soon be able to sell shares
Housing associations could be given the power to raise cash by selling shares, after the Treasury reportedly indicated it is ‘interested’ in backing new…
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HAs – how to avoid financial disater
The guardian has been seeking views from the sector on avoiding financial worries at HAs. Here are some thoughts from some of the contributors:…
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Investigation as 3 Councils transfer housing revenue cash to general funds
Government launches investigation as three councils transfer housing revenue account cash into their general funds The government has launched an investigation into a spate…
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Regulator progress on HAs which are of serious concern
The social housing regulator has yet to put in place a financial protocol for dealing quickly with housing associations in ‘serious’ trouble – nine…
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Guidance – completing the VFM statement due to the regulator very soon!
The published guidance is in 3 places and there is not much of it, but its a regulatory requirement. What there is can be found…
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Small to medium sized HAs turn to capital market
Low interest rates prompt private placement deals for Halton and Regenda Small and medium-sized housing associations without credit ratings are turning to capital market…
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HAs downgraded by the regulator
A chief executive was awarded a £276,000 payout upon his retirement in an unusual arrangement which today led to his former association’s governance rating…