Issue - meetings

[To approve the HRA BusinessPlan.]

1.    That the 1% reduction in social housing rents be implemented in accordance with the Welfare Reform and Work Act and 28 days’ notice be given to all secure and introductory tenants of the rent reduction from 1 April 2019 be approved.

2.    That the Business Plan set out at Appendix 1 to this report be adopted as the approved Housing Revenue Account Business Plan including:

a. The revenue budget for 2019-2020 at Appendix 1B to this report

b. The Capital Programme for 2019-2020 to 2023-2024 at Appendix 1C to this report to include the following;

·         Provision of £24.0 million for estate remodelling

·         An increase to the budget for the refurbishment of Heath Town Estate of £10.1million

·         An addition of £15.0 million to the budget for High Rise mechanical and

electrical infrastructure

·         Total new build programme provision of £157.3 million with £5.0 million for

community housing development at Bushbury Hill, £4.0 million for phase 5 of

the small sites programme and £60.0 million set aside for future development.

     3.   That the rates for garage rents and service charges set out in Appendix 2 to this

reportbe approved, and tenants be notified formally. There was a one stepped increase to approve, all other charges remained the same.

Councillor Peter Bilson presented the Housing Revenue Account (HRA) Business Plan 2019-2020 including Rents and Service Charges for approval. He advised the additional borrowing flexibility provided real opportunities for the Council to increase the provision of new homes for rent, whilst continuing to invest in better and safer homes programmes to the existing stock and improving and redeveloping housing estates.

Councillor Peter Bilson, added the report also provided, as an integral part of that Business Plan, a proposed HRA budget for 2019-2020, including proposed rents and service charges to take effect from 1 April 2019, and a proposed HRA Capital Programme for the period 2019-2020 to 2022-2023 for approval.

Councillor Peter Bilson proposed the recommendations and Councillor Louise Miles seconded the recommendations.

Resolved:

1.    That the 1% reduction in social housing rents be implemented in accordance with the Welfare Reform and Work Act and 28 days’ notice be given to all secure and introductory tenants of the rent reduction from 1 April 2019 be approved.

2.    That the Business Plan set out at Appendix 1 to this report be adopted as the approved Housing Revenue Account Business Plan including:

a.    The revenue budget for 2019-2020 at Appendix 1B to this report

b.    The Capital Programme for 2019-2020 to 2023-2024 at Appendix 1C to this report to include the following;

·                   Provision of £24.0 million for estate remodelling

·                   An increase to the budget for the refurbishment of Heath Town Estate of £10.1 million

·                   An addition of £15.0 million to the budget for High Rise mechanical and electrical infrastructure

·                   Total new build programme provision of £157.3 million with £5.0 million for community housing development at Bushbury Hill, £4.0 million for phase 5 of the small sites programme and £60.0 million set aside for future development.

3.    That the rates for garage rents and service charges set out in Appendix 2 to the reportbe approved, and tenants be notified formally. There was a one stepped increase to approve, all other charges remained the same.