Published on: 13 May 2019 14:39
Written by: Maryhill Housing
There has been recent negative press about Maryhill Housing Association and we wish to address this for our customers, stakeholders and staff.
Some of the information which has been printed about us is factually wrong, historic or has been taken out of context.
These claims are clarified below:
1. The Association’s finances
Our 2019/20 budget shows a surplus for the year of £718,000 and £4.5m in the bank. Our bank has recently supported us with new loans to pay for us to build new houses and in 2019/20 we will be spending £2.8m on improving customers’ homes.
2. The Association’s expenditure
As part of our future plans we are committed to achieving £750,000 of year-on-year savings to be delivered in stages by 2025. These savings will allow us to reduce future rent increases.
Of this £750,000, we have already achieved savings of over £300,000 in 2018/19 and plan to deliver a further £250,000 of savings in 2019/20.
We spent £740,000 on restructuring over four years between 2014 and 2018 to improve services for customers. This was a one-off cost that helped us achieve our long-term savings.
3. The Association’s senior staff salaries
We do not employ any staff earning over £100,000 per year. In 2018/19 we had one member of staff earning between £80,000 and £90,000 per annum and two members of staff on salaries of between £60,000 and £70,000 per annum. We have one less member of staff at this level than in 2016.
Maryhill Housing Association has been through a significant period of change and we are incredibly grateful to our customers, stakeholders and staff for bearing with us during this time. As a result of this process the organisation is now leaner and more customer-focused; ensuring we continually enhance our overall impact in the communities we serve. We are looking forward to the future with anticipation as we invest in a number of key priorities such as improving our customers’ homes and building new homes for the Maryhill and Ruchill communities.