1) That, in order to comply with the requirements of the Local Government and Housing Act 1989 to have a balanced Housing Revenue Account, the Welfare Reform and Work Act 2016, and the rent standard, an increase be applied to the rents and service charges payable for social housing by CPI+1% from 5 April 2021, as detailed within the considered report.
2) That charges for (i) extra care services – intensive housing management, be uplifted by 2.75% and (ii) extra care services – night care services, be uplifted by 2.2%, in line with other increases.
3) That approval be given to the continuation of charging a target rent on all properties let to new tenants.
4) That the national and local financial challenges be noted in preparation for the Housing Revenue Account budget discussions in February 2021.