The functions and powers of AHBRA are in accordance with the legal framework set out in the Housing (Regulation of Approved Housing Bodies) Act 2019 (the Act).
The remaining sections of the legislation were commenced by the Minister in July 2022.
1 . AHBRA’s Functions
AHBRA is responsible for several functions, including to:
AHBRA has responsibility for establishing and maintaining a register of AHBs, preparing standards by which AHBs will be monitored and assessed, and encouraging and facilitating the better governance, administration and management, including corporate governance and financial management of AHBs. The Regulator also has powers to carry out investigations and cancel the registration of AHBs.
2. AHBRA’s Strategic Objectives
AHBRA aims to achieve the following 4 strategic objectives:
3. AHBRA’s Vision, Mission & Values