Decision details

Executive recommended that Council:-

1)    Approved the revised 30 year Housing Revenue Account (HRA) Business Plan as set out in this report;

2)    Approved the proposed vision for the Housing service along with three new service Objectives;

3)    Approved the proposed Housing Revenue Account Rent Setting policy 2020;

4)    Increased rents i.e. social formula and affordable by CPI plus 1%, in line with the Regulator of Social Housing’s new standard; and

5)    Approved the use of flexibility on social formula rents, to be applied when properties are re-let to tenants new to the Council.