RESOLVED – that Cabinet:
a) noted progress made in relation to the delivery of the Housing Investment Programme including;
· Delivery of 669 dwellings across sixteen sites, with a further 121
under construction, bringing the portfolio to 790 and providing
homes for over 1,750 local people.
· Diversification of the portfolio to include smaller, larger,
accessible and adaptable properties to ensure resident’s needs
are met as they change over time. Housing Investment
Programme Update & Business Plan
· Delivery of low carbon homes on sustainable sites,
incorporating solar panels, EV chargers, biodiversity
improvements and blue and green infrastructure.
· Regeneration of circa 48 acres of brownfield land, equivalent to
27 professional football pitches.
· Providing a high-quality tenancy and property management
service, with 86% of tenants confirming they would recommend
Nuplace to friends and family.
· Generating net cumulative income to the Council of £13.8m to
help protect frontline services and securing capital growth of
31% against the £93m invested (2024/25).
b) considered and approved the draft Housing Investment Programme Business Plan 2026, including investment in a further circa 300 new and refurbished additional homes
c) delegated authority be granted to the Chief Executive as Chair of the Housing Investment Board to implement the proposals contained within the report and the associated Business Plan 2026.