Issue - meetings

Rent & service charge setting for Housing Revenue Account properties for 2024-25

 

 

Meeting: 12/12/2023 - Cabinet (Item 10:)

10: Housing Revenue Account (HRA) Rent and Service Charge Setting and Key Housing Challenges pdf icon PDF 619 KB

To consider annual rent and service charge increases for 2024/2025.

 

Contact: Jacqui Fieldhouse, Homes and Neighbourhoods

Decision:

RESOLVED –

 

1)    That approval be given to increase rents by an average of £6.10 per week (7.7%) and service charges payable by between 0.08p and £1.52 per week (7.7%) for social housing from 1 April 2024.

2)    That approval be given for charges for Extra Care Services – Intensive Housing Management to increase by between £2.05 and £5.22 (7.7%) and Extra Care Services – Night Care Service to increase by £1.58 per week (7.7%).

3)    That the national and local financial challenges as outlined in the report, in preparation for the HRA budget discussions in January 2024, be noted.