New Phoenix Community Housing development at Springbank Court

Phoenix retains top ratings from housing regulator

Updated: 31 March 2021 at 09:54am

We are very proud to have retained top ratings in a new judgement following an in-depth assessment by the housing regulator.

Phoenix has been awarded G1 and V1 ratings for governance and financial viability by the Regulator of Social Housing following an in depth assessment earlier this year.

The judgement, published today, comes as we plan to build 200 new homes in south Lewisham by 2025 and are in ongoing talks with fellow housing association L&Q on taking on the management of a further 1,500 existing homes in Grove Park.

Phoenix was created in 2007 as London’s first community gateway housing association, offering a wide range of opportunities for residents to influence services and future priorities. Under our rules, the Chair and Vice Chair of the Board must be Phoenix tenants and residents form the largest group on our Board.

Chief Executive of Phoenix Community Housing, Jim Ripley, said: “This assessment is a real validation of the strength of our resident-led model. We believe the people best placed to steer the future of Phoenix are the people who live in our homes, working together with independent Board Members and local councillors.

“Retaining the top ratings is also testament to the hard work and commitment of our staff over many years. It’s a fantastic demonstration of our organisational strength as we look forward to building more high quality and sustainable homes, and to extending our resident-led model to thousands more residents in Grove Park.”