Issue - meetings

This report presents the BCP Homes Asset Management Plan and the Housing Revenue Account (HRA) 30 Year Business Plan principles for approval. The HRA Business Plan is a strategic financial framework that ensures the long-term sustainability of council housing by aligning investment in existing homes, compliance, decarbonisation, and new housing supply with prudent financial management.

The plan is underpinned by robust stock condition data, prudent financial assumptions, and a sustainable borrowing strategy. It supports the delivery of 937 new homes by 2034/35, significant investment in existing stock, and ongoing compliance with regulatory standards. The plan prioritises financial resilience, risk management, and alignment with corporate priorities such as decarbonisation and tenant engagement.

Adoption of these recommendations will ensure BCP Homes continues to provide safe, decent, and energy-efficient homes, while maintaining the financial viability of the HRA and supporting the Council’s wider social and environmental objectives.