Decision details
i4B Holdings Ltd Business Plan 2025-26
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
to provide Cabinet with a final draft of the
i4B Holdings Ltd (i4B) 2025/26 Business Plan. Cabinet is asked to
approve the Business Plan on behalf of the Shareholder.
Decision:
Cabinet noted the introductory comments made by Andrew Hudson (as Chair of the i4B and First Wave Housing (FWH) Ltd Boards) in presenting the i4B and FWH Business Plans and strategic priorities for both companies.
In focussing on key areas of activity moving forward he highlighted the work being undertaken to improve voids performance (including minor voids) as well as to monitor and improve results relating to tenant satisfaction measures to achieve sustainable levels of performance including implementation of a supporting Improvement Plan to deliver changes designed to enhance tenant experience.
In terms of strategic challenges, he advised members that they key focus remained in seeking to maximise the Boards contribution to the Council’s wider priorities, with a specific focus in supporting the work being undertaken to tackle the demand for housing and increasing levels of homelessness. In noting the success of the acquisitions programme during 2024-25 the Board had continued to identify workstreams over the coming year aiming to increase i4Bs level of stock although, given the more challenging nature of market conditions, members were advised this was likely to involve a range of wider options and overall reduction in the level of acquisitions acheived. Details were also provided in relation to the work being taken to address asset management and energy efficiency as well as wider support to tenants, including in being able to live more independently.
In recognising the challenges outlined alongside current performance and welcoming the approach adopted in relation to the strategic priorities identified by i4B, Cabinet RESOLVED:
(1) To approve the 2025-26 i4B Holdings Ltd Business Plan and financial model as Shareholder of the Company.
(2) To approvethe 2025-26 Service Level Agreement between i4B Holdings Ltd and the Council.
Eligible for call-in: Yes
Deadline for submission of call-in: 6pm on Monday 17 March 25
Reason Key: Affects more than 2 wards;
Wards Affected: (All Wards);
Contact: Email: Harry.Chavasse@brent.gov.uk.
Report author: Harry Chavasse
Publication date: 12/03/2025
Date of decision: 10/03/2025
Decided at meeting: 10/03/2025 - Cabinet
Effective from: 18/03/2025
Accompanying Documents:
- 07. Cabinet Report - i4B 25-26 Business Plan
PDF 349 KB
- 07a. Appendix 1 - i4B 2025-26 Business Plan
PDF 853 KB
- Restricted enclosure View reasons restricted
- Restricted enclosure View reasons restricted
- Restricted enclosure View reasons restricted
- Restricted enclosure View reasons restricted
- 07a(ii) Appendix 1b - i4B 2024-25 Risk Register
PDF 47 KB
- 07a(iii) Appendix 1c - i4B Key Tasks 2024-25
PDF 26 KB
- 07a(iv) Appendix 1d - i4B 2025-26 Key Tasks
PDF 15 KB
- 07a(v) Appendix 1e(i) - i4B 2025-27 SLA Services
PDF 107 KB
- Restricted enclosure View reasons restricted
- 07a(v) Appendix 1e(iii)- i4B 2025-27 SLA KPIs
PDF 79 KB