Muirhouse HA out of High Engagement
Scottish Housing Regulator has published a new Regulation Plan for Muirhouse Housing Association, which has worked hard to address risks outlined in 2014. This hard-work has paid off, as Muirhouse is now out of High Engagement with the Regulator.
The Scottish Housing Regulator has published an updated regulation plan for Muirhouse Housing Association, who have work extremely hard to now be out of high engagement.
The Regulation Plan notes:
“Muirhouse has improved its governance and financial management and has given us assurance about its financial position. Due to these improvements we decided to end our statutory intervention in June 2016.
“Since then, we have engaged with Muirhouse as it has managed an on-going period of change. We have reviewed Muirhouse’s progress with its action plan and found it has
further improved its governance and financial management. Muirhouse has given us
additional evidence that shows it now complies with Regulatory Standards.”
A statement issued by Muirhouse Housing Association says
“Everybody at Muirhouse Housing Association is delighted that our engagement status with the Scottish Housing Regulator is now reduced to ‘medium’.
“This reflects the huge effort made by both Board and Staff to bring the necessary improvement to our organisation.