Housing associations warned over risk and costs

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Published by Max Salsbury for 24dash.com in Housing and also in Central Government

Housing associations must make a fresh offer to government that shows they are managing risk and offering value for money, said Julian Ashby, chair of the Homes and Communities Agency’s regulation committee, at the CIH Housing 2012 conference and exhibition.Associations can no longer be certain of development grant or even a steady income based on social rents, he said. Instead, they must demonstrate that they are using their surpluses effectively and borrowing money in a way that does not ...

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