Ealing Council set up Broadway Living in 2014 to address the lack of high-quality, publicly funded, affordable housing, and is the sole shareholder. There are rigorous structures in place which mean that Broadway Living is accountable to the public and the council.
Broadway Living’s relationship with Ealing Council is expressed in its Articles of Association and Shareholder Agreement. These articles set out the objectives of the company, its activities and the matters that are reserved to the council as shareholder.
The council and Broadway Living have also agreed a Scheme of Delegations setting out what is retained for approval by the council as shareholder, and what sits within the accountability of the BL and BLRP boards.
As a provider of social housing, BLRP is regulated by the Regulator of Social Housing and is required to demonstrate good governance in accordance with the principles set out in the regulator’s Governance and Financial Viability Standard.
The Broadway Living boards
There are two boards which govern and oversee the work of Broadway Living: the Broadway Living Ltd board and the BLRP board. This recognises the different roles that the two entities play in delivering our ambitious programme.