Purpose

To consider and to adopt the
strategy.

Content

Decision:

1.      To note and agree the
business case set out in this report; and

2.      To adopt the 2026-2031 GBC
Housing Asset Management Strategy.
 
Reason(s):
1.           
To ensure the housing stock remains safe, compliant
and fit for purpose. The Strategy sets out a fully funded programme
to achieve and maintain 100% Decent Homes compliance by December
2026, alongside strengthened building safety, statutory compliance
and robust stock condition data. This will protect residents,
reduce risk exposure and ensure regulatory obligations are
consistently met.
2.           
To note investment that secures long?term asset
sustainability and financial viability. The 30?year £331.47m
investment plan and the five?year £61.96m programme are
aligned with HRA financial capacity, enabling strategic
procurement, planned and cost?effective management of
residents’ homes, minimising responsive repair demand, and
ensuring value for money
3.           
To support delivery of the Council’s strategic
objectives and resident priorities. The Strategy directly aligns
with the Corporate Strategy and Housing Strategy and reflects
resident consultation results, particularly around energy
efficiency, safety, modern facilities and neighbourhood
improvements.
4.           
To provide a robust framework for future
decision?making, regeneration and asset rationalisation. The
Strategy introduces structured sustainability modelling and Net
Present Value (NPV) analysis to guide investment, redevelopment and
disposal decisions. This will be critical in managing ageing stock,
identifying regeneration opportunities, and preparing for Local
Government Reorganisation.
 
Other options considered and
rejected by the Executive:
Option 1 – To not approve
the HAMS 2026-2031. This would mean the Council would be in breach
of the expectations of the Regulator for Social Housing and not
have visibility of investment requirements over the long
term.
 
Details of any conflict of
interest declared by the Leader or lead councillors and any
dispensation granted:
None.