Midlands based housing association placed on 'under review' list by Regulator | News

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The Residents' Network

Midlands based housing association placed on 'under review' list by Regulator

The Regulator of Social Housing reports that Empowering People Inspiring Communities has been placed on its gradings under review list.

Empowering People Inspiring Communities Limited’s current published grades are G1/V1 but is now potentially looking at either G3 or G4 for governance or V3 or V4 for viaiblity as the association is "being investigated in relation to an issue which may result in a downgrade to a non-compliant grade".

The regulator is currently investigating matters which may impact on EPIC’s compliance with the Governance and Financial Viability Standard.

 

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