This report presents the HRA Budget recommendations for agreement by Cabinet and recommendations on to Council for consideration and approval.

Report and appendices attached.

1                     Approved the Housing Revenue Account Budget as detailed in paragraph 3.5.

2                     Agreed that the rents chargeable for tenants in general needs Council properties owned by the London Borough of Havering be increased by 7.0% from the week commencing 3^rd April 2023.

3                     Agreed that the rents chargeable for tenants in supported housing Council properties, such as sheltered housing and hostels, owned by the London Borough of Havering, are increased by 7.0% from the week commencing 3^rd April 2023.

4                     Agreed the four rent-free weeks for 2023/24 are: the week commencing of 28^th August 2023, 18^th & 25^th December 2023 and the 25^th March 2024.

5                     Agreed that service charges and heating and hot water charges for 2023/24 are as detailed in paragraph 3.14 of this report.

6                     Agreed that charges for garages should be increased by 7.0% in 2023/24 as detailed in paragraph 2.10 of this report.

7                     Agreed that the service charge for the provision of intensive housing management support in sheltered housing for 2023/24 shall be as detailed in paragraph 3.17 of this report.

8                     Agreed the Supported Housing Charge for HRA Hostels as detailed in paragraph 3.23 of this report.

9                     Agreed that the rent charge to shared ownership leaseholders is increased by 7% as detailed in paragraph 2.9 of this report.  

10                 Agreed that the Careline and Telecare support charge should be increased by 7.0% for 2023/24 as detailed in paragraph 3.21 of this report.

11                 Approved the HRA Major Works Capital Programme, detailed in Appendix 1a of this report and refer it to full Council for final ratification.

12                 Approved the HRA Capital expenditure and financing for the 12 Estates Joint Venture and other acquisition and regeneration opportunities detailed in section and Appendix 1b of this report and refer it to full Council for final ratification.

Cabinet was presented with the HRA Business Plan update, Budget 2023/24 & Capital Programme 2023/24–2027/28

Report introduced by Councillor Paul McGeary

This report sets a budget for the Council’s Housing Revenue Account (HRA) and HRA Major Works and Capital Programme. Cabinet approved the Housing Asset Management Plan 2021-2051 in October 2021  ...  view the full minutes text for item 55