Decision details
Housing Revenue Account - Revised Forecast 2022 and Budget 2023-24
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Decision:
RESOLVED THAT: Council be recommended to:
1. Approve the HRA budget proposals for 2023/24 (shown at Appendix 2);
2. Approve a rent increase of 7% for social rent homes, affordable rent homes and shared ownership homes (but capping affordable rented homes rent at the Local Housing Allowance where applicable);
3. Approve changes to other rents and service charges as detailed within the report;
4. Approve the HRA capital programme for 2023/24 as shown at Appendix 3 and Appendix 4;
5. Approve entering into a Memorandum of Understanding with DLUHC (Department for Levelling Up, Housing and Communities) in respect of a £2.36 million grant for the provision of 21 affordable homes during 2023/24 under the Local Authority Housing Fund (subject to DLUHC notifying CBC that their proposed grant funding allocation has been confirmed), see section 5.5;
6. Ratify the performance and satisfaction targets set by CBH for 2023/24;
7. Note the revised HRA forecast for 2022/23.
Publication date: 16/02/2023
Date of decision: 14/02/2023
Decided at meeting: 14/02/2023 - Cabinet
Accompanying Documents: