The Regulator of Social Housing regulates registered providers of social housing to promote an efficient and well-governed sector that can deliver homes to meet a range of needs.
We have a 40 year history, as the regulation function has been the responsibility of different organisations. However in 2018 we became a standalone organisation, aligned to the Civil Service as a non-departmental public body, sponsored by theMinistry of Housing, Communities & Local Government.
Our current role is primarily focussed on the economic regulation of organisations that are a mix of charities, not-for-profit companies and a small but growing number of for-profit businesses. However, we are also responsible for setting standards on the quality of homes and services that social housing tenants can expect, including tenants of private organisations and Local Authorities. Although this forms a small, but important, part of our work right now, it may become a bigger part of what we do in the future when the government publishes its social housing White Paper.
For the last 40 years, we have made sure that tenants have not lost their homes and lenders to social housing providers have not lost money when organisations have encountered difficulty. This track record of success has enabled the sector to raise almost £100bn from banks and the capital markets at favourable rates, which matched with grant funding of over £50bn from government, has enabled the sector to build thousands of new affordable homes every year.
Maintaining this success and ensuring that landlords continue to be well run is at the heart of our work. By doing this we ensure that tenants receive a great service, much needed affordable homes get built and existing social housing is protected.
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