Purpose

To provide, for adoption, a
proposed new five-year Asset Strategy for Council housing stock and
the investment plan to support this.
 
Background papers;
 
An initial
Integrated Impact Assessment for the Asset Strategy was carried out
on 22 January 2024, and can be found
here.
 
On 11 April 2023 Cabinet was
presented with a report on the procurement of fire safety remedial
works to 6-storey, low-rise and retirement living scheme blocks.
The report can be found
here and the decision

here.
An Integrated Impact
Assessment was carried out on the new service delivery model for
damp, mould and condensation in November 2023 and can be found

here
 
Engagement process;
 
The strategy has been developed
through engagement with council officers. The investment strategy
has been developed using asset and spend data.
 
If the proposals are agreed,
then formal engagement with residents and members will take place
for individual projects and proposals. Residents and members will
also be involved in process review to support customer experience
and journey.
 
 

Content

RESOLVED –
 

1)   
That the Asset Management Strategy for Council Housing 2024-2029 be
adopted.

2)   
That the 5-year capital plan and the additional £4.4m from
the HRA required to fund the strategy be approved.

3)   
That approval be given to the approach of asset option
appraisal.

4)   
That authority be delegated to the Strategic Director, Growth and
Regeneration and the Service Director Finance to agree annual
capital plans and programmes in line with the approved 5-year
capital plan.

5)   
That authority be delegated to the Service Director, Homes and
Neighbourhoods in consultation with the Service Director Legal,
Governance and Commissioning, to agree and negotiate the terms of
and to enter into any Funding Agreements and other documentation to
enable individual projects and schemes to proceed.

6)   
That authority be delegated to the Service Director, Homes and
Neighbourhoods in consultation with the Service Director Legal,
Governance and Commissioning, to agree and negotiate the terms of
and to enter into any Funding Agreements and other documentation to
enable individual projects and schemes to proceed.

7)   
That authority be delegated to the Strategic Director, Growth and
Regeneration in consultation with the Service Director Legal,
Governance and Commissioning to award future tenders for works
within the approved 5-year capital plan, subject to the production
of robust and affordable business cases.