The Regulation Office at the Housing Agency has released its first Annual Report and Sectoral Analysis on the regulation of AHBs. The Annual Report highlights the importance of regulation and explains how regulation is necessary to facilitate the delivery of more social housing. The Annual Report provides, for the first time, key data and analysis on the AHB sector operating in Ireland based on individual regulatory assessment of 142 AHBs. The analysis gives a clear picture of the AHB sector nationally, including information on housing stock, performance, governance and financial management.
The Regulation Office has also launched the Financial Standard and Assessment Framework for AHBs. This Financial Standard further extends the existing Regulatory Framework to provide for robust financial regulation and oversight of the sector. It is an important step in building confidence in the new regulatory system and the reputation and creditworthiness of AHBs. It is also an important component in enabling the sector to borrow public and private finance in order to provide more social housing.
