Like many housing organisations in the current economic climate, Two Rivers Housing, who currently manage around 3,700 homes in Gloucestershire and Herefordshire and aim to develop 100 homes per annum, were looking for something to help them identify value for money improvements and improve transparency.
“Like all housing organisations, we have a need to improve Value for Money, but had not found an as effective or comprehensive approach to help us do that until V3a.
V3a is helping us to understand the current challenges we face to ensure our services remain excellent value for money. This approach has given us fresh insight which helped significantly in a recent review of our asset management and maintenance service areas.
Using V3a will help us ensure we can continue to invest in good quality new homes; improve existing services, and maintain our commitments to our tenants and local communities.”
Peter Hall, Managing Director of PHHS, said
“With the TSA set to deliver a stronger focus on proactive economic regulation, and looking to challenge organisation’s they think may be failing to discharge responsibilities ( after finding it could not account for more than a third of operating cost variations between landlords), there is a regulatory imperative to improve value for money.
Changes to rents, welfare benefits, the limited availability of finance and inflation also mean there’s never been a more pressing time to focus on value for money - to ensure organisations can continue to meet existing customer’s expectations, develop new homes, and maintain additional ‘added value’ services.
Two Rivers Housing & Thames Valley Housing Association join a growing number of organisations across the country who are benefitting from V3a - our unique analysis and reporting tool which is helping them successfully navigate these key challenges on value for money; improve their transparency, and reduce risks”