Decision details
HRA Asset Management Strategy
Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
To agree that consultation proceed on the approaches recommended in the draft Asset Management Strategy and the related rent policy; to prepare a programme for infill development within the HRA estate of new affordable housing; to approve initial feasibility studies with the proposed programme; to examine options to maximise affordable housing development including where appropriate through partnership arrangements; to develop an Asset Management Plan; to authorise expenditure from the Housing Revenue Account to undertake the above activities.
Decision:
(i) that consultation to proceed with Council tenants and leaseholders and with the wider community on the approaches recommended in the draft Asset Management Strategy including in relation to the rent policy proposed therein and that the responses to that consultation shall be taken into account in revising the strategy with a final version to then be reported to a future meeting of the Executive for approval;
(ii) that preparation of a programme for infill development within the HRA estate of new affordable housing proceed with the final schemes to then be subject to further approval by the Executive;
(iii) that development of proposals for a programme of estate regeneration and redevelopment proceed through taking forward initial feasibility studies with the proposed programme then being subject to further approval by the Executive;
(iv) that further examination be made of options to maximise affordable housing development including where appropriate through partnership arrangements and to receive a further report on recommended approaches;
(v) that an Asset Management Plan be developed to prepare the required programmes and resources that will be required to enable the prompt implementation of the final strategy once approved;
(vi) that expenditure from the Housing Revenue Account be authorised to undertake the above activities of up to £200,000 which will be funded by transferring uncommitted one-off resources from the HRA depreciation budget in 2013-14.
Wards Affected: (All Wards);
Contact: Andrew Donald, Strategic Director, Regeneration and Growth Tel: 020 8937 1049.
Report author: Andrew Donald
Publication date: 18/07/2013
Date of decision: 15/07/2013
Decided at meeting: 15/07/2013 - Executive
Accompanying Documents: