Purpose

To agree to the HRA business Plan for 2024-2054

Decision

Cabinet agreed to:

(i) the priorities of the HRA, as set out in the Business Plan report, the updated Business Plan, and financial projections be agreed.

(ii) it be noted that the HRA Business Plan will be referred to Overview and Scrutiny (O&S) Budget Task Group for comment, as part of the budget scrutiny process.

(iii) the Solicitor to the Council and Monitoring Officer, in consultation with the Assistant Director of Housing be authorised to negotiate, finalise and complete all necessary legal agreements and other documents to give effect to the transactions contained within the agreed Business Plan.

Alternative options considered

Option 1 - agree the Business Plan
Option 2 - do not agree the Business Plan