Cabinet:

1.    Adopted the Housing Asset Management Strategy and the associated action plan as set out in Appendix 1 of the report.

Cabinet considered a report on the Housing Asset Management Strategy.

It was explained that Havering Council owned and managed circa 11,200 properties (9,200 tenanted and 2,000 leasehold), including 10 tower blocks and around 1,000 medium and low rise blocks.

The high level objectives for the housing assets should be to:

·       provide the best quality, safest and cost effective home for our residents which meet their needs

·       maximise the value of the assets and ensure a positive impact on the HRA business plan

·       address the social impacts housing can have on individuals and communities through investments in estates and environment

·       meet the council’s zero carbon objectives

Furthermore, the Council had developed a new strategy, to replace the previous 5 year strategy adopted in 2016, which set out its keys aims and action plan to deliver them effectively.

Cabinet:

Adopted the Housing Asset Management Strategy and the associated action plan as set out in Appendix 1 of the report.