Issue - meetings

To submit a report by the Head of Housing Services.

It was resolved –

·        To approve the Housing Revenue Account (HRA) Business Plan 2020-2050, in particular the HRA Budget for 2020-21 which has been submitted to Welsh Government.

·        To approve the proposed Housing Capital Programme for 2020/21 as stated within the Capital Budget.

The report of the Head of Housing Services incorporating the Housing Revenue Account Business Plan for 2020 to 2050 was presented for the Executive’s consideration.

The Portfolio Member for Housing and Supporting Communities in presenting the report and recommending the Business Plan to the Executive stated that the Plan put forwards a clear and positive vision of the Council’s objectives for all housing tenures on the Island to best meet identified housing need and to ensure high housing standards for all its citizens. As per the Welsh Government’s requirement, the Council must prepare a Business Plan by the end of March in order to secure its annual major repairs allowance of £2.65m.The Business Plan was submitted by the due date with the proviso that it was subject to the Executive’s approval.

The Head of Housing Services advised that the Business Plan had been prepared in conjunction with Finance Service Officers and provides a wealth of information about Housing Service activity and its vision for the future. It also it forms the primary tool for financial planning of the delivery and management of the Council’s housing stock. In particular the Plan demonstrates how the Council brings all its stock to Welsh Housing Quality Standards; how the Council intends to maintain and exceed those Standards as well as the investment needed to increase the housing stock. The Council through its Housing Revenue Account, owns and manages 3,857 properties and just over 700 garages across the Island. Over the life of the Business Plan, the stock will increase to over 5,000 units. The Capital Programme, included in the Business Plan has been estimated at £10.84m and includes provision for internal and external works, remedial works, adaptations and energy efficiency works and allows for achieving full WHQS compliance by targeting acceptable fails. A provision of £4.7m has been included within the revenue budget for repairs and maintenance and £9.6m has been budgeted in 2020/21 for the development programme of new Council housing and the acquisition of former council housing on the Island.

The Executive welcomed the Plan seeing it also as an important contributor towards the local economy through the development of new social housing and ongoing repair and maintenance activity.

It was resolved –

•           To approve the Housing Revenue Account (HRA) Business Plan 2020-2050, in particular the HRA Budget for 2020-21 which has been submitted to Welsh Government.

•           To approve the proposed Housing Capital Programme for 2020/21 as stated within the Capital Budget.