I propose to take Questions Nos. 496 and 498 to 500, inclusive, together.
Housing bodies are granted approved status by the Minister for Housing, Planning and Local Government, under Section 6 of the Housing (Miscellaneous Provisions) Act 1992, for the purpose of being able to receive funding from local authorities, to provide social housing.
The identification of Tiers within the overall cohort of AHBs is relevant in the context of the Voluntary Regulation Code (VRC). AHBs not signed up to the Code have not identified which Tier their organisation would fall under. At present, 275 AHBs have signed up to the Code comprising 202 Tier 1, 54 Tier 2 and 19 in Tier 3.
From October 2018 to date, 4 new AHBs have been registered. All four bodies have signed up to the VRC as part of their application for approved status. Under the VRC the bodies are required to confirm which tier of the code they will fall under depending on units already in their ownership and/or their future plans. In the case of these four new AHBs, 3 identified as Tier 1 organisations and 1 has self-declared as a Tier 2.