Issue - decisions

Resolved:           That Executive approve:

(i)           The average rent decrease of 1.0% to be applied to all ‘social housing rents’ for 2016/17, as required by legislation. This is shown in table 13 and described in paragraphs 110 to 112 of the report.

(ii)          The average rent increase of 0.9% to be applied to all rents which fall outside the definition on ‘social housing rents’ for 2016/17, as described in paragraph 113 of the report.

Reason:     To ensure the ongoing financial stability of the Housing Revenue Account and allow work on improving the quality of the council’s affordable housing to continue.