Halton Housing has achieved the highest regulatory judgment from the Regulator of Social Housing with a G1 for governance and V1 for financial viability.
The judgement follows an In-depth assessment (IDA) which took place earlier this year.
The IDA considered Halton Housing’s strategy, structure, risk profile, governance, financial performance and value for money.
The intensive process involved scrutinising documental evidence, interviews with the Executive Team, Chair and observing a Board meeting.
Neil McGrath, Interim Group Chief Executive & Chief Financial Officer said: “This is fantastic news and I would like to thank the Board, colleagues and customers who contributed to the IDA. The judgement provides strong reassurance that we are doing the right things and provides a sound platform for us to move forward as we deliver Our Direction (OD3).
The regulatory judgment comes the week before Liz Haworth takes up her role as Halton Housing’s new Group Chief Executive.