Posted 01.12.21
Riverside: Further reading
One Housing Group has joined The Riverside Group following formal registration with the Financial Conduct Authority.
The Boards of The Riverside Group and One Housing Group gave their approval for One Housing to join Riverside as a subsidiary - creating one of the country's largest association groups, with over 75,000 homes.
It followed an intensive six-week customer consultation process across both organisations in which of those who responded, nearly half were in favour of the proposals, with only 12% against and the remainder being neutral.
London-based One Housing has joined Riverside as a subsidiary for up to two years and will retain its own subsidiary board. After that One Housing and Riverside will integrate into a single housing association with one Board and leadership team.
A series of initiatives are taking place across both organisations to mark the successful completion of the partnership and the two organisations have made a donation to local foodbanks totalling £75,000 - representing £1 for every home in the new Group.
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