News

19Dec2019
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We've become the first housing provider to sign up to the Board Charter for Community Investment

We’re delighted to announce that we're the first housing association in the UK to sign up to the Board Charter for Community Investment.

HACT, the housing sector’s leading ideas and innovation agency, launched the Board Charter for Community Investment earlier this year at the National Housing Summit in London. The Charter, which has been signed by our Chair, Keith Loraine OBE, on behalf of our Group Board, aims to encourage Board-level ownership of community investment and to help maximise and measure the impact of community investment activity. It's been developed so that housing associations can demonstrate a clear commitment to investing in the communities in which they provide homes and deliver services.

Keith Loraine OBE, Chair of Gentoo Group, commented on the commitment from our Group Board:

“On behalf of the Gentoo Group Board, I’m delighted we have committed to the Board Charter for Community Investment. Investing in our local communities is fundamental to what Gentoo stands for and right at the heart of our social purpose. I look forward to seeing the delivery of our community investment strategy in the coming months and years, enabling our tenants to flourish and supporting the ongoing transformation of the city of Sunderland.”

Andrew van Doorn, Chief Executive of HACT, added:

“We congratulate the Group Board of Gentoo in signing up to the Board Charter for Community Investment. As the first housing association in the UK to sign up to the Charter, Gentoo has demonstrated its commitment to community investment and highlighted its role as one of the leading anchor institutions in Sunderland.

“When the Centre for Excellence in Community Investment launched the Board Charter in September, we were inundated with interest from housing providers across the UK,” Andrew continued. “Many social housing organisations are already driving forward the community investment agenda and they recognise that there is now a significant opportunity for us to speak more collectively, effectively and publicly, formalising our long-term commitment and ensuring our social purpose is embedded across our businesses.”

We are inviting all Boards to sign up to the Board Charter, which consists of nine pledges. These pledges demonstrate the commitment by each organisation not only to invest in their communities but to do so in a strategic and impactful way.

The Charter has been developed by the Centre for Excellence in Community Investment’s Influence Working Group, which consists of representatives from across the UK community investment sector.

“This is a vital time for social housing,” said Andrew van Doorn. “There is the possibility of a new regulatory landscape, with a stronger focus on our residents and the social value we create. How we invest in and work alongside our residents and communities to create places that thrive has never been more important. By adopting the Board Charter, we can drive forward an agenda together that recognises and develops the essential role social housing organisations play in their communities.”