Issue - meetings
Housing Revenue Account Owned Assets - Review of buildings
Meeting: 27/04/2022 - Cabinet (Item 4)
4 Housing Revenue Account Owned Assets - Review of non-residential assets 
PDF 161 KB
[Review of housing owned assets and future use/ownership]
Additional documents:
Decision:
1. That the commencement of the Housing Revenue Account (HRA) asset review for citywide non-residential assets and a small number of residential assets to determine the future management of these assets be approved.
2. That authority be delegated to the Cabinet Member for City Assets and Housing and the Leader of the Council in consultation with the Director of City Housing and Environment and the Director of Finance to approve the appropriation of HRA assets to a more appropriate Service Area, following the completion of the asset review and relevant consultation process.
3. That further reports on the progress of the review of HRA assets be submitted to Cabinet.
Minutes:
Councillor Bhupinder Gakhal presented the report that provided an overview of citywide non-residential assets and a small number of residential assets, some located outside the Wolverhampton boundary, owned by the Housing Revenue Account (HRA) and residential properties owned by other Directorates, managed by Wolverhampton Homes. It was proposed to undertake a review of the assets to assess and determine their future use/management, including opportunities where sites could be brought forward for housing development or where it may be more appropriate for the site to be managed by another service area, subject to internal and external consultation.
Resolved:
1. That the commencement of the Housing Revenue Account asset review for citywide non-residential assets and a small number of residential assets to determine the future management of these assets be approved.
2. That authority be delegated to the Cabinet Member for City Assets and Housing and the Leader of the Council in consultation with the Director of City Housing and Environment and the Director of Finance to approve the appropriation of HRA assets to a more appropriate Service Area, following the completion of the asset review and relevant consultation process.
3. That further reports on the progress of the review of HRA assets be submitted to Cabinet.