Birmingham City Council has approved a £183 million investment into its council housing today (Tuesday 14 February).
Cabinet approved £168.626 million programme of investment into its stock of council properties and £14.797 million investment into other programmes, including adaptions, clearance and redevelopment costs within a total Housing Investment Capital fund budget of £358.969 million.
Birmingham City Council’s cabinet member for housing and homes, Cllr Peter Griffiths, said: “We currently own and manage 62,616 homes properties and have made substantial improvements to thousands of our properties over the last few years.
“The average age of our properties is approaching 70 years so investing in our stock is essential in order to safeguard its condition.
“The programme for 2017/18 to 2019/20 forms part of a continued programme of investment and will deliver new kitchens and bathrooms, central heating systems, doors, windows, roofs and fire protections works to around 20,000 properties.”
Alongside this, Cabinet also approved the continued 1% reduction in rent in line with the government’s new rent policy.