Decision details

(i)             to approve the HRA Business Plan at Appendix A to the report;

(ii)           to agree the HRA Business Plan would be updated on an annual basis and reported to Council;

(iii)          to note the requirement for the Council to maintain HRA reserves for financial resilience and sustainability purposes and that the Plan builds in an annual surplus to support the value of HRA Reserves as time passes;

(iv)          to approve the terms of proposed consultation with tenants as detailed in paragraph 3.4 and instruct the Chief Officer - Housing to consult with the tenants, and note that the Chief Officer - Finance would include the results as part of the HRA Budget 2025/26 presented to the Council on 11 December 2024:

(v)           to note that the Council would receive reports on the Local Housing Strategy and the Housing Asset Management Plan in 2025 and these would inform future updates to the HRA Business Plan; and

(vi)          to note that the Chief Officer - Corporate Landlord would circulate information with regard to the breakdown of void properties re-let to different categories of people.