Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: February 26, 2026

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.