Genesis housing gets thumbs up from Homes Agency for its East End estates
PUBLISHED: 18:36 04 November 2013 | UPDATED: 18:36 04 November 2013
Social landlords who manage 2,000 homes in London’s deprived East End have been given a top rating by a government agency.
Genesis Housing Association got a G1 rating for the way it runs its estates and a V1 rating its finances—both top grades.
The double star accolade comes from the Homes and Communities Agency.
Genesis Chief Neil Hadden said: “This is a vote of confidence in the way we’ve turned the business around in the last four years.
“It signals that we are on the right approach using a more business-like mindset to fulfil our social purpose of providing housing and services to the people who need them most.”
The news comes on the back of Genesis recently announcing a pre-tax surplus of £44.3 million for the group.
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