The Regulator of Social Housing reports that South Yorkshire Housing Association has been placed on the gradings under review list today (5 May 2023).
The provider's current gradings are G2/V2. The regulator notifies that a provider's grading is under review when its compliant grade (G1 and G2 for governance, V1 or V2 for viability) is being investigated in relation to an issue which may result in a downgrade to a non-compliant grade (G3 or G4 for governance, V3 or V4 for viability).
The regulator is currently investigating matters which may impact on SYHA's compliance with the Governance and Financial Viability Standard. The outcome of the investigation will be confirmed in a regulatory judgement, once completed.
The regulator's gradings under review list is available on its website.
Notes
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The GUR lists providers where we are investigating a matter that might result in them being assessed as non-compliant in relation to the regulator's Governance and Financial Viability Standard.
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The regulatory standards can be found on the RSH website.
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