00:00A West Midlands Housing Association says it will comply with an enforcement notice
00:05after the housing regulator raised concerns about how it's run.
00:09Concept Housing Association, based in Oldbury, provides more than 6,400 short-term social homes,
00:17including in Birmingham and in Telford.
00:20The regulator says Concept has failed to address governance, financial and risk management problems
00:25and has concerns about its long-term viability.
00:29Concept says it has reviewed the findings and will commission reviews of its leadership team,
00:34rent setting and health and safety arrangements.
00:38It insists it is not being wound down and says services to tenants are continuing as normal.