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green light boost for housing trust

26 February 2007

Bradford Community Housing Trust Group has again been awarded three ‘green lights’ for its overall performance following the latest assessment by the Housing Corporation.
 
All registered housing associations with more than 250 homes are regulated by the Housing Corporation who use a traffic light system to assess their financial viability, the way they are governed and housing management.
 
A green light is the highest rating and red is the lowest. In July 2006, BCHT Group received three green lights from the Housing Corporation.
 
The assessment comes at an exciting time for the district’s biggest social landlord having completed a major restructure to create a leaner and more customer focused operation.
 
In their report the Housing Corporation highlighted the good progress being made by BCHT to modernise its housing stock and meet the Government’s Decent Homes Standard by 2010. They also commented that …’there remains a strong tenant and council presence on the boards of both the parent and subsidiary’…. and ‘that the Group had made progress with service delivery’ in housing management. The report also highlighted the success of Bradford Homehunter, the award-winning choice-based lettings scheme run by BCHT.
 
Martin Smith, Group Chairman of BCHT Group said: “I am delighted we have retained our green light status during what has been a very busy time introducing a more streamlined governance structure. This positive assessment reflects the outstanding commitment of board members, staff and our partners.”
 
BCHT Group Chief Executive, Geraldine Howley said: “These are exciting times for the whole Group and the restructure we have completed ensures we are in excellent shape to meet the challenges ahead and deliver our vision of being Landlord, Employer and Partner of first choice.
 
“In their assessment, the Housing Corporation recognised the major changes we have made to improve our overall performance, strengthen customer involvement and streamline operating costs.”
26-02-07