Issue - meetings

Consideration has been given to recommending the Council to approve:

      i.            The proposed Housing Revenue Account (HRA) budget for 2024/25;

    ii.            the proposed rent changes from 1 April 2024, in line with the Government’s policy on rent setting;

   iii.            the detailed proposals for the 2024/25 HRA fees and charges; and

   iv.            the proposed Housing Capital Programme for 2024/25 and the indicative programme for the period 2025/26 – 2028/29.

RESOLVED -

That the Council be recommended to approve:

(i)

The Housing Revenue Account (HRA) as set out in appendix 2 to the report;

(ii)

The 7.7% rent increase from 1 April 2024 as set out in appendix 3 to the report;

(iii)

The HRA service charges as detailed in appendix 4 to the report; and

(iv)

The Housing Capital Programme for the five years 2024/25 to 2028/29 as set out in appendix 5 to the report.

The above decisions have been made for the following reasons:

(A)

To set a Housing Revenue Account for 2024/25 that is not in debit as required under the Local Government and Housing Act 1989 (Part VI).

(B)

To realise the Council’s policies and objectives in relation to the Housing Strategy 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.