One Housing Group Limited

Background

One Housing Group Limited (OHG) is a prominent housing association operating in London and the South East of the United Kingdom. Established through the merger of Community Housing Association and Toynbee Housing Association in 2007, OHG manages approximately 17,000 homes, serving over 35,000 residents. The organization's mission is to provide high-quality, affordable housing and support services, aiming to enhance the quality of life for its residents. OHG is a member of the G15, a consortium of London's largest housing associations, collectively managing around 600,000 homes in the region.

Key Strategic Focus

OHG's strategic objectives encompass:

Housing Development: Committed to addressing the housing crisis, OHG plans to build 5,000 new homes over the next decade, focusing on affordable housing solutions.

Care and Support Services: Through its social care arm, One Support, OHG provides assistance to over 9,500 individuals, including the elderly, those with mental health issues, and individuals experiencing homelessness.

Community Engagement: The organization emphasizes community development by offering employment and training programs to promote aspiration, independence, and well-being among residents.

Financials and Funding

As of the fiscal year 2015-16, OHG reported an annual turnover of £255 million and employed approximately 1,800 staff. The organization funds new housing developments through a combination of private sales and joint venture partnerships. In 2013-14, OHG sold 90 private sale and 113 shared ownership properties, with plans to complete an additional 330 private sale and 49 shared ownership homes in 2014-15. The profits from these sales are reinvested to support affordable housing initiatives.

Pipeline Development

OHG's development pipeline includes:

Elderly Housing: Plans to create 800 new homes for the elderly, with 230 of these incorporating on-site care facilities.

Maintenance Investment: A commitment to invest £74 million in maintaining and upgrading existing housing stock to ensure quality and safety standards are met.

Technological Platform and Innovation

While specific proprietary technologies are not detailed, OHG leverages modern construction techniques and partnerships to enhance housing quality and efficiency. The organization collaborates with various firms to implement innovative solutions in housing development and management.

Leadership Team

Richard Hill: Serving as Chief Executive, Richard Hill has been instrumental in steering OHG's strategic direction and operations. His leadership focuses on expanding housing stock and enhancing support services.

Leadership Changes

In April 2023, Richard Hill announced his departure from OHG to join BPHA as its new head. This transition marks a significant change in the organization's leadership, with plans underway to appoint a successor to continue advancing OHG's mission.

Competitor Profile

Market Insights and Dynamics

The housing association sector in London is highly competitive, with organizations striving to address the acute housing shortage and provide affordable housing solutions. The market is characterized by:

High Demand: A persistent demand for affordable housing due to population growth and economic factors.

Regulatory Environment: Compliance with government regulations and standards is crucial for operational success.

Funding Challenges: Balancing funding for new developments while maintaining existing properties poses financial challenges.

Competitor Analysis

Key competitors include:

L&Q: Managing over 105,000 homes, L&Q focuses on providing affordable housing and community development initiatives.

Clarion Housing Group: With approximately 125,000 homes, Clarion emphasizes regeneration projects and community engagement.

Notting Hill Genesis: Managing around 68,000 homes, this organization focuses on mixed-tenure developments and resident services.

Strategic Collaborations and Partnerships

OHG has engaged in significant partnerships to enhance its service delivery:

Merger with The Riverside Group: In December 2021, OHG joined The Riverside Group as a subsidiary, creating one of the UK's largest housing association groups with over 75,000 homes. This partnership aims to leverage combined resources for improved housing solutions.

Joint Ventures: Collaborations with firms like Mount Anvil Group Limited and Mulalley and Company Limited have facilitated large-scale development projects, such as Central Street Developments LLP and New Ladderswood LLP.

Operational Insights

OHG's strategic considerations include:

Market Position: As a member of the G15, OHG holds a significant position in London's housing sector, contributing to policy discussions and housing strategies.

Competitive Advantages: The merger with The Riverside Group enhances operational capacity and resource allocation, positioning OHG to better address housing demands.