High­est rat­ing for city as­so­ci­a­tion

The Peterborough Evening Telegraph - - Business Telegraph -

A Peter­bor­ough hous­ing as­so­ci­a­tion has been given the high­est rat­ing from the gov­ern­ment’s hous­ing reg­u­la­tor. Cross Keys Homes, based in Shrews­bury Av­enue, says it is de­lighted by the re­port from the Homes and Com­mu­ni­ties Agency (HCA), fol­low­ing a re­cent in-depth as­sess­ment. Dur­ing the sum­mer, the HCA, car­ried out its as­sess­ment to en­sure the as­so­ci­a­tion is well gov­erned and fi­nan­cially vi­able. The rig­or­ous process in­volved HCA rep­re­sen­ta­tives ex­am­in­ing all as­pect of the as­so­ci­a­tion’s busi­ness plan, risk pro­file, ex­po­sures, over­all fi­nan­cial strengths and the qual­ity of its gov­er­nance. The as­so­ci­a­tion supplied 70 in­di­vid­ual doc­u­ments to the reg­u­la­tor for them to be re­viewed and tri­an­gu­lated. Claire Hig­gins, the as­so­ci­a­tion’s chief ex­ec­u­tive, said: “This is fan­tas­tic news for us all at Cross Keys, es­pe­cially given the chal­lenges the hous­ing sec­tor is cur­rently fac­ing. “It is a real tes­ta­ment to the hard work of our boards and em­ploy­ees, and high­lights the ways in which we are get­ting it right for our part­ners, in­vestors and cus­tomers. “It also means we face the fu­ture with a sound foun­da­tion and will be able to con­tinue with our plans to build at least 400 homes per year, as well as de­liv­er­ing our life en­hanc­ing ser­vices. She added: “We are truly de­lighted with the out­come.”

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