Content

14.1

The
Housing Capital Programme brings together the 30-year Asset
Management and Housing Growth Strategy for Council Housing setting
out the priorities for current and future investment, to ensure
that homes meet the Government’s Decent Homes Standard and
the delivery of tenants’ priorities in improving the quality
of homes and neighbourhoods. Investment priorities are formulated
from detailed stock condition and other surveys to ensure effective
planning of works, utilising available repairs intelligence,
life-cycle modelling and, feedback from tenants. The Housing
Investment Programme is co-designed and agreed with tenants for the
Council housing stock. The Housing Capital Programme is split into
three distinct areas of activity; Council Housing Investment
(existing stock and assets) and the Council’s Stock Increase
Programme, funded from the Council’s Housing Revenue Account,
as described in the annual HRA Business Plan. There is also the
Non-HRA Capital Programme which includes the Programme Management,
Homes & Loans to private homes and investment in private homes.
The table at 1.9 show the overall Housing Capital Programme split
between Council Housing Investment, Stock Increase and
Non[1]HRA areas of the
programme.
 
The
purpose of the report was to provide an update of the progress
against the approved 2023/24 Housing Capital Programme, this is
reported regularly as part of the Council’s Corporate Capital
Programme to the Finance Committee. This report will focus on
providing an update about spend and progress against the 2023/24
Housing Capital Programme at end of June 2023 (Quarter 1). The
report also provides an update of the 5-year Housing Capital
Programme and the final approval of the 2022/23 Housing Capital
Programme outturn.
 

14.2

RESOLVED
UNANIMOUSLY: That
the Housing Policy Committee:-
 

1.    
Note the 2022-23 Housing Capital Programme final
approved outturn.

2.    
Note the 2023-24 Housing Capital Programme
forecasting and budget position at the end of
quarter.

3.    
Note the update provided for the 5-year capital
programme.

4.    
Note and agree the frequency of the Housing Capital
Programme quarterly reports presented at future
meetings.

14.3

Reasons for
Decision

14.3.1

The
report was to provide the Housing Policy Committee members with an
update on progress against the approved 5-year approved Capital
programme.

14.4

Alternatives Considered and
Rejected

14.4.1

No
alternative options were considered as part of this update
report.