Decision details

To provide an update on the Housing Revenue Account (HRA) business plan and to approve the 2017/18 HRA revenue budget and rent levels

That Council be recommended to:

1.     Implement the 1% reduction in social housing rents in accordance with the Welfare Reform and Work Act and to give 28 days’ notice to all secure and introductory tenants of the rent reduction from 3 April 2017.

2.     Adopt the business plan set out at appendix A as the approved Housing Revenue Account (HRA) business plan including;

a)    The revenue budget for 2017/18 at Appendix A3;

b)    The capital programme for 2017/18 to 2020/21 at Appendix A4 including the increased new build programme.

3.     Agree the rates for garage rents and service charges set out in appendices B1-B3 and formally notify tenants.

1.     That it be noted, that all Council dwelling rents will reduce by 1% in line with the proposals contained in the Welfare Reform and Work Act.

2.     That it be noted, that consultation responses are outlined within Appendix C of the report.

3.     That proposals to meet the requirements of the Heat Network Regulations 2014 for the district heating schemes at Heath Town be noted.

4.     That the potential impact of the further implementation of the Housing and Planning Act 2016 on the HRA business Plan be noted.

5.     That additional £15 million programmed in 2020/21 for further infill council housing development be noted.