Following its latest stability check by the Regulator of Social Housing, VIVID has retained its G1 rating for governance and V1 for viability.
Mark Perry, Chief Executive of VIVID, a leading provider of affordable homes operating in the south of England, said: “Our financial position means we have the capacity to deal with a wide range of adverse conditions whilst remaining firmly focused on delivering even more for our customers and communities. Despite the challenging economic backdrop, we’ve been determined to strike a balance between a number of priorities. These are really important to us and include improving customer service, developing customer influence to build on the strong foundations already in place, maintaining the standard of our homes, and continuing to increase the supply of new, affordable homes.
“Coupled with our robust governance, this stability check serves as important assurance to our customers, business partners, our people and investors that we’re in a strong position to deliver on our ambitions which centre around building trust, pride and impact for the benefit of the people we serve.”