Three housing associations have retained top ratings in the latest round of judgements from the Regulator of Social Housing.
Torus Group, Mosscare St Vincents, and whg all received a G1/V1 rating, the highest compliance grading awarded by the regulator.
The Regulator of Social Housing awards all housing associations one of four grades for both Governance and Viability. G1/G2 and V1/V2 denote compliance, while G3/G4 and V3/V4 denote non-compliance.
Graham Burgess, chair of Torus Group, said: “The board and I are extremely pleased to have retained G1/V1 status from the Regulator of Social Housing.
“It has been less than two years since new Torus came together, and this recognition of the group’s high performance is the direct result of the hard work, commitment, and effort that the workforce and leadership team have put in to ensure that the group – and the vital work it does across the North West – is a success.”
Torus Group chief executive Steve Coffey added: “Particularly during the current pandemic, providers of essential services, like ourselves, are operating in challenging times.
“Our group’s mission is ‘growing stronger communities’, and this has never been more important.
“Delivering that goal now, and in the longer term, depends on our resilience as an organisation.”
Coffey added: “This result validates the group’s approach to delivering our mission and underlines our steadfast commitment to doing things properly.
“Indeed, this outcome is a reflection of the entire Torus team, who have worked tirelessly to deliver for our tenants and communities.”
Mosscare St Vincents CEO Charlie Norman said on social media that the grading was “a credit to the team”.
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