Social Housing Providers

881 Words2 Pages

Introduction

The governance of social housing providers has been has been up for much debate in recent years. One of the key issues is the role that tenants should play in the running of social housing providers. Many housing professionals throughout the United Kingdom and Ireland believe that tenants should play a bigger role in the governance of social housing whilst others disagree with this and believe they should not.

This assignment will begin by describing what corporate governance is and the benefit of having good corporate governance. It then will describe what social housing is and the governance of social housing providers. The assignment will go on to describe the roles of the board and chair within housing associations. It will …show more content…

Housing associations are non-profit organisations with all their surplus funds being reinvested back into the organisation. They are also hybrid-public authorities this means that they act in the interest of the public, they have significant reliance of funding from private organisations and they are voluntary governing bodies. (McMenamin, C. 2009) Their hybrid financial model place housing association directly between the market and state.

Housing associations since 2009 became a public body after a decision made by the London’s court of appeal. Housing associations have shareholders that are the guardians of the housing associations short medium and long term objectives. Housing association also have association boards. The housing association board key principle is to ensure that the association is delivers it objectives, sets its strategic direction and that they should lead the housing association. The board must have a strategic roles and roles that cannot be delegated. A few examples of these are setting and approve policies, ensure the financial strength of the housing association and agreeing policies and decision that could cause risk to the housing association. (DSD. …show more content…

This allows the tenant to have a say and be consulted with. (The Scottish Government. 2014) Tenant participation started to take place in Britain post war towards the 1960s and early 1970s. The reason behind this was due to many tenants putting their trust in councils of building a better Britain. When these tenants were not satisfied with what the councils where doing this resulted in tenant’s action. An example of this came in Sheffield when no fewer than 23 tenant groups were formed to protest due to the lack of facilities changes to the rent rebate schemes and the failed to the promises of welfarism. The rises in rents lead to a number of rent strikes throughout the UK, cities such as Liverpool, Glasgow, Sheffield and London. (Shapely, P.

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