Following the close of the financial year to 31 March 2019, we set out below an Advisor’s commentary on the Civitas portfolio, the sector and the regulatory environment for care-based housing in England and Wales. 

We also take this opportunity to set out the steps and procedures that we have undertaken over the year and indeed since launch to help make the eco-system that supports the specialist supported housing (“SSH”) sector (the “Sector”) as robust and sustainable as possible to mitigate risk to Civitas, enhance governance within housing associations and protect the interests of the underlying tenants and to provide value money for local authorities. 

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