Riverside records deficit for second consecutive year but increases new build

By Daniel Gayne2024-10-03T11:04:00

Chair says deficit due to combined impact of difficult operating environment and anticipated challenges from One Housing merger

Riverside Housing Group has recorded a second year of losses, according to its results for the year to 31 March 2024.

The housing association said inherited challenges from its merger with One Housing had combined with “historically difficult operating conditions” had resulted in a pre-tax loss of £6.04m.

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

Breaking industry news as it happens
Gain access to Housing Today’s Specialist CPD modules
Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now