Section: Registered Social Landlords

Housing Corporation to Signal De-regulation

The Housing Corporation announced it would meet all 48 of the recommendations directed at it in the Elton Report within 12 months, in one of the largest single de-regulation packages ever offered to part of the non-profit making sector. It is anticipated that this will remove at least 10% from the cost of regulation for over 1,500 housing associations across England over the next 12 months alone.

The Elton Report is the culmination of a four-month review, commissioned by the Housing Corporation and Chaired by Sir Leslie Elton, into the administrative burden placed on associations in meeting robust regulatory requirements.

Housing Corporation Chairman, Peter Dixon, said: "We have responded quickly to the recommendations contained within the Elton Report, which will enable us to emphasise some of our recently introduced measures to reduce the burden on associations, as well as give us the opportunity to add extra ones.

"We will publish a full Action Plan, including commitments from third party organisations, later in the summer. This will ensure we have a streamlined, risk-based approach, which will make better use of our resources and offer significant time and cost savings to associations.

"Ultimately, that will mean more time for associations to concentrate on delivering their valuable services to residents."

Sir Les Elton said: "I welcome the Corporation's swift and positive response, creating as it will an environment where the best performing associations can innovate, while ensuring those which perform poorly can be more quickly identified and more intensively managed."

Top priorities for the Housing Corporation as a result include:

Some of the other recommendations are dependent on the support or direct action of third party organisations - such as DCLG, the National Housing Federation, and the Audit Commission. Their commitment will be incorporated into a full Action Plan, to be published later this summer.

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Reporting on June 2006

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