Strong housing revenue account to support tenants maintained
30 January 2025
The latest financial report of our Housing Revenue Account (HRA), being reviewed by our Cabinet at their 5 February meeting, will see an increase in financial investment in housing repairs, maintenance, and the continued support for the delivery of additional affordable homes.
Upcoming plans also include greater investment in energy efficiency upgrades for council properties, helping tenants reduce their environmental impact and energy bills.
The HRA is a ringfenced financial account used to manage the council's social housing landlord activities and priorities. The account records expenditure and income related to council-owned housing stock and services provided for the benefit of our tenants.
Councillor Steve Davies, Portfolio Holder for Housing, said: "Our strong financial management of the Housing Revenue Account ensures we can continue to provide safe, affordable homes while delivering an increasing number of improvements that benefit tenants and the environment. This latest update on our financial position reflects the council's dedication to maintaining and improving its housing stock to support tenants, and the delivery of additional homes for those in housing need."
"We know there are cost pressures from inflation and increased maintenance demands, and we are addressing these challenges by exploring efficiencies and securing additional funding to support our housing programmes."
We provide a range of homes, leaseholds and rentals to council tenants.
Information about housing is available on our website.
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