£59 million investment for Birmingham council housing

By on 10/02/2016 in Cabinet, Cllr Cotton, News
Cllr John Cotton

Cllr John Cotton

Birmingham City Council is set to approve a £59 million programme of investment into its stock of council properties at Cabinet on Tuesday 16 February.

Birmingham City Council’s cabinet member for Neighbourhood Management & Homes, Cllr John Cotton, said: “We currently own and manage 63,138 residential 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 2016/17 will deliver new kitchens and bathrooms, upgraded heating systems, insulation and window and roof replacements for around 5,800 homes.

“Not only will this substantially improve our tenants’ homes, but by replacing inefficient heating systems, we can further reduce the city’s carbon dioxide emissions and lower our tenants’ heating bills.”

The Birmingham Council Housing Investment Programme for 2016/17 covers work to the cost of £59.108 million within a total Housing Investment Capital fund budget of £133.463 million, including clearance and house building costs.

Alongside this, Cabinet is also set to approve a 1% reduction in rent in line with the government’s new rent policy.  However there will be some small increases in service charges and garage rents where applicable.

For the full report see https://birmingham.cmis.uk.com


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