On 14 February 2023, Cabinet:-
(i) Endorsed the approach to deliver a 12-month
Investment Plan, directly responding to a change in priorities;
(ii) Noted and supported the strategic
priorities for investment proposed as part of the HRA Business Plan in the
longer term;
(iii) Agreed the following proposed approach to
rents and service charges, improving contribution to the long-term investment
programme and enabling the Council to support the HRA Business Plan:
(a) Social
Housing rent increases: +7%,
(b) Social
Housing service charges: (varied by provision) +5% to +7%
(c) Temporary
Accommodation Hostel rent increases: +7%
(d) Temporary
Accommodation Dispersed property rent increases: (equivalent to) +3.5%
(iv) Noted the new regulatory requirements set
out in the Social Housing Regulation Bill;
(v) Endorsed the proposed Capital Investment
programme, supporting the continued investment and improving our stock for our
customers.
THE
DEADLINE FOR CALL IN IS 1600 HOURS ON MONDAY 20 FEBRUARY 2023.