Issue - meetings

Consideration has been given to progress in developing a new Housing Revenue Account (HRA) asset management strategy.

RESOLVED -

(i)

That progress in developing a new Housing Revenue Account (HRA) asset management strategy and the timeline for its final drafting and subsequent consideration for approval later in the year be noted.

(ii)

That a programme of consultation and awareness raising activities with members, tenants and leaseholders as to the emerging strategy and the resultant potential future investment priorities for the Council’s housing stock be approved.

(iii)

That the commencement of a detailed appraisal of options for the future investment and management of identified currently uneconomic and low demand homes be approved.

The above decisions have been made for the following reasons:

(A)

To set a Housing Revenue Account that is not in debit as required under the Local Government and Housing Act 1989 (Part VI) and is able to meet it short- and long-term investment requirements. 

(B)

To realise the Council’s policies and objectives in relation to the Housing Strategy in order to maintain and enhance Council Housing provision in Gateshead. 

(C)

To assist in the delivery of the Council’s vision for Gateshead as set out in Making Gateshead a Place where Everyone Thrives.