The Cadarn Housing Group was established as Newydd Housing Association in 1974. In 1998, a group structure was formed with The Cadarn Housing Group as the parent company and Newydd Housing Association as a subsidiary. In 2013 the Group was joined by Living Quarters Wales who operate a letting agency for private sector tenants and landlords.
Both Cadarn and Newydd are accountable to share members who have the right to influence important decisions. The Group is governed by board members who meet several times a year to set strategic objectives, monitor performance and scrutinise important decisions. As the parent Cadarn has ultimate control, it can, if necessary, appoint members to the subsidiary organisations in order to take control.
A Group Audit and Risk Committee made up of Board members from across the Group consider internal control and receive direct reports from an independent internal auditor. We also have a Tenant Scrutiny Group that reviews service delivery and provides an invaluable role in improving how we work. Their ideas and recommendations are reported to the Newydd Board.