Decision details

Rent Setting policy requires annual approval from Executive to ensure we are regularising the current annual rent setting process and adhering to the Rent Standard 2020.

RESOLVED that the Executive:

i)               approved the Rent Setting Policy as set out in Appendix 1 of the report attached to the agenda papers. The ‘Rent Setting Policy’ primarily relates to the Housing Revenue Account (2567 properties) plus a small number (18 properties) of General Fund properties.

ii)              noted the economic challenges that many of our tenants’ face and that the Executive Member for Housing in consultation with the Director of Place & Growth, would explore all opportunities to minimise any increase between now and the budget setting process in February/March 2023.