Civitas Social Housing REIT’s second largest tenant, Auckland Homes, has been served an enforcement notice for failing to comply with regulatory standards.
On Thursday (20 April), the Regulator of Social Housing published an enforcement notice and made three statutory appointments to its board to "improve its capacity and capability, and to help address its failures". In August 2021, the regulator published a regulatory notice for Auckland, a small lease-based provider of specialised supported housing, after concluding it had breached the governance and financial viability standard and did not meet the rent standard. Since then, RHS said it has "engaged intensively" with Auckland to address its "persistent non-compliance", but it has bee...
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