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Decision details

Target Rent Policy

Decision Maker: Decision Session - Executive Member for Finance and Performance, Executive Leader (incorporating Housing & Safer Neighbourhoods))

Decision status: Decision Made

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

Purpose of Report: The report proposes to raise the rent on vacant council homes to the target rent level.

 

The Executive Member is asked to agree that when council homes become vacant, the weekly rent is increased to the target rent level in order to maximise rental income.

Decision:

Resolved:  That Option 1,  to increase the rent payable to Target Rent on a property when it becomes void, be approved.

 

Reason: To maximise the council’s income.

 

Report author: Tom Brittain

Publication date: 23/05/2016

Date of decision: 23/05/2016

Decided at meeting: 23/05/2016 - Decision Session - Executive Member for Finance and Performance

Effective from: 26/05/2016

Accompanying Documents:

 

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