Purpose

To consider the asset management strategy and revised housing capital programme.

Decision

RESOLVED –

THAT, having considered the results of the Equalities Impact Assessment (Appendix C of the report), and having had due regard to the obligations set out in the Equality Act 2010:-

(i)            The new Housing Investment Strategy (Appendix A of the report), which incorporates the new Housing Asset Management Strategy (Appendix B of the report), the Capital Programme 2025-2030 (Appendix B1 of the report) and the Asset Feasibility Study (Appendix B2 of the report), be agreed.  The Housing Investment Strategy will be implemented through:

-       the Community Investment Programme (CIP),

-       acquisition of properties by Camden Living Group Ltd,

-       the Temporary Accommodation Purchasing Programme

-       the Family Friendly Housing Purchase Programme, and

-       the new Housing Asset Management Strategy.

(ii)        In relation to the Housing Asset Management Strategy 2025-2030 (Appendix B of the report):

(a)          Investment of an additional circa £350m in the maintenance of the housing stock over the next 5 years (including up to circa £265m to be raised through proactive asset management to ensure homes are safe warm and dry), as set out in Section 4 of the report, be agreed;

(b)       Decisions relating to the implementation of the Quality Homes Programme be delegated in accordance with the principles and processes set out in Section 5, and in particular section 5.6 of the report

-               to the Director of Property Management, in relation to individual or street properties

-              to the Executive Director Supporting Communities, following consultation with the Cabinet Member for Better Homes, in relation to purpose-built blocks