Decision details

Capital Investment Programme - Housing Revenue Account

Reference: D50990

Decision Maker: Director of Resources and Housing

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Housing Leeds is seeking Authority to Spend on a Capital Investment Programme to cover the period commencing 1st April 2020, to enable investment in the council’s housing estate, both standard lifecycle replacement, and refurbishment and major improvement works.

Decision:

The Director of Resources and Housing:-

1.  Noted the outturn position for the 2019/20 Housing Leeds Refurbishment Programme of £83.61m. The outturn position shows accelerated expenditure of £1.61m against the £82.0m approved in March 2019 for additional schemes brought forward from within the existing overall Housing Leeds programme.

2.  Authorised the accelerated expenditure incurred in 2019/20 of £1.61m brought forward from within the existing overall Housing Leeds programme.

3.  Noted the current Authority to Spend (ATS) approved to date £28.35m on schemes within the existing programme 2020-24 as highlighted in Appendix A.

4.  Authorised the remaining 2020/21 programme expenditure of £49.34m for 2020/21 with a view to accelerating schemes where necessary within the existing Housing Leeds programme, subject to HRA funding being available.

5.  Noted that schemes within the programme of a complex nature will be brought forward for ATS as and when they reach design freeze in the course of the coming year.

Reason Key: Financial Impact>£500K;

Consultees

Director of Resources and Housing

Head of Finance (Capital)

Deputy Head of Democratic Services

Chief Officer Housing Leeds

Contact: Neil Diamond, Investment Strategy Manager 07891 271604 Email: neil.diamond@leeds.gov.uk.

Publication date: 15/06/2020

Date of decision: 23/06/2020

Effective from: 01/07/2020

Accompanying Documents: