All housing association finances articles
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NewsYorkshire Housing boosts pre-tax surplus by 80%
The 18,900-home housing association said it has had to ‘flex’ its development programme due to the economic conditions, but is on track to meet its building target.
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NewsNine housing associations re-issued with ‘V2’ financial viability grade following stability checks
All of the housing associations assessed so far kept their existing financial viability grades
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NewsL&Q reports deficit for first half of the year
Sale of strategic land division to Urban & Civic creates accounting loss as development falls 30%
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NewsCost of maintaining social housing units increases 11%, Housemark finds
The report found that the average cost of maintaining a social housing unit in 2023/24 exceeded £5,000
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NewsAster development and pre-tax surplus drops in first half of the year
Aster’s development of new homes has dropped by 24% and its pre-tax surplus has dropped by £4.7m
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NewsTogether Housing Group trebles build rate but falls into deficit
Group exceeds development target but posts £12.5m deficit after recognising fire safety costs
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NewsGreenSquareAccord’s chief financial officer set to join Abri
Jo Makinson will leave GSA in December
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NewsS&P downgrades Futures Housing’s credit rating over increased investment in existing homes
The credit rating agency says that Futures’ spend on stock will keep its EBITDA margins below 20% over the next two years
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NewsScottish regulator warns of ‘systemic failure’ to deliver homelessness services
The organisation says the last year has been the most challenging for social housing since the Scottish Housing Regulator was formed in 2012