The new NHF Code of Governance, published today, is a lean statement of expectations that burrow deep into the strategy and culture of housing associations.
Its focus is on organisational and sector reputation, entrenching equality and diversity at the heart of strong governance, amplification of the tenant voice and board accountability, all of which are intended to get RPs firmly onto the front foot ahead of significant changes to the law and regulation in those areas. The Code also sets its gaze firmly towards the future, including for the first time an expectation that plans specifically cover carbon neutrality, environmental and social sustainability.
Housing associations will need to certify compliance with the new Code in their annual report with effect from their 2021/22 year end. For some, the challenge will be making the step change in time to enable them to do so.
The new code is a complete reworking of the previous version and the NHF has focused on three key areas in its development: Upholding reputation of the sector Ensuring equality, diversity and inclusion within all housing associations and their boards The importance of being accountable to residents