The housing sector is facing major challenges and change such as increased rights of tenants, the newly published Housing Bill, investor expectations, the outcome of the Grenfell report, the recent issues of mould and increasing regulations. Building competency throughout the workforce is an integral part of responding to all of these issues and securing the future for tenants and clients.
What role does Asset Management play?
All parts of the sector have a part to play in the construction and affordability of fit for purpose housing accommodation putting tenants at the heart of everything they do. To do this, staff need to understand the benefits of taking a whole life cycle approach to the Estate; how to plan, procure, build, maintain and dispose. An understanding now of the importance of a SAMP (Strategic Asset Management Plan) will highlight the investment and improvement areas for the housing stock over the next 3-5 years.
How does Asset Wisdom view AM in Housing?
Bringing together Asset Wisdom’s AM knowledge and expertise together with that of a large Housing Association, has resulted in a great deal of learning being produced with an understanding of the real value that taking an asset centric approach to the management of the Estate can bring. This means there is a greater understanding of the competencies required to:
- Increase the value of housing assets with tenants at the forefront of every decision.
- To help organisations to make wise investment decisions. Developing the ability to support the most vulnerable tenants and people in financial need. Ensuring safe and decent standards of housing.
- ‘Building back better’ = enable investment in housing that underpins the sustainability of the housing stock including the implementation of energy efficiency measures to mitigate rising energy prices and costs.
- Create confident communities.
- Creating better places to live.
- Meet the highest standards of safety and repair and regenerating communities.
- Meet all challenges (internal and external stakeholder expectations) arising from customer affordability issues as a result of welfare reforms and demographic changes, as well as changing customer needs, increasing customer expectations, and a changing regulatory landscape.
- Manage the proactive investment to address Carbon Net Zero (CNZ) requirements.
What have we learned from each other?
The Certificate in Asset Management for the Housing Sector: “The Housing Learning Journey” has been created by Asset Wisdom and the Housing Sector, specifically for the Housing Sector.
Click here to find out more about this exciting new Course.