Agenda item

15.1

The Housing Capital Programme brings together the 5-year Capital Investment and Housing Growth proposals for Council Housing, setting out the priorities for current and future investment. The purpose of these plans is to continue to deliver Decent Homes, tenants’ priorities and improving the quality of homes and neighbourhoods.

The Housing Capital Programme is split into three distinct areas of activity; Council Housing Investment (existing stock and assets), the Council’s Stock Increase Programme, funded from the Council’s Housing Revenue Account, as described in the annual HRA Business Plan and the Non-HRA Capital Programme which includes programme management, Homes & Loans to private homes and investment in private homes. The table at item 2.1 show the overall Housing Capital Programme split between Council Housing Investment, Stock Increase and Non-HRA areas of the programme.

The purpose of this report is to provide a quarterly update on progress against the approved 2023/24 Housing Capital Programme. This report will focus on providing an update on expenditure and progress against the 2023/24 Housing Capital Programme position at the end of December 2023 (Quarter 3). The report also provides an update of the 5-year Housing Capital Programme (2023/24 – 2027/28).

15.2

RESOLVED UNANIMOUSLY: That the Housing Policy Committee:-

1.     notes the 2023-24 Housing Capital Programme forecasting and budget position at the end of quarter 3; and

2.     notes the update provided for the 5-year capital programme (2023/24 – 2027/28).

15.3

Reasons for Decision

15.3.1

This report is to provide the Housing Policy Committee members with an update on progress against the 5-year approved Capital programme at the end of quarter 3 2023/24.

15.4

Alternatives Considered and Rejected

15.4.1

No alternative options are considered as part of this update.

15.1

The Director of Housing presented a report that provided a quarterly update on progress against the approved 2023/24 Housing Capital Programme. The report also provided an update on expenditure and progress against the 2023/24 Housing Capital Programme position at the end of December 2023 (Quarter 3) as well as the 5-year Housing Capital Programme (2023/24 – 2027/28).

15.2

RESOLVED UNANIMOUSLY: That the Housing Policy Committee:-

1.     notes the 2023-24 Housing Capital Programme forecasting and budget position at the end of quarter 3; and

2.     notes the update provided for the 5-year capital programme (2023/24 – 2027/28).

15.3

Reasons for Decision

15.3.1

This report is to provide the Housing Policy Committee members with an update on progress against the 5-year approved Capital programme at the end of quarter 3 2023/24.

15.4

Alternatives Considered and Rejected

15.4.1

No alternative options are considered as part of this update.