City Council reveals new housing investment programme

By on 13/02/2012 in News

Birmingham City Council has approved a three-year council housing investment programme of £297m from 2012/13 to 2014/15. 

In the next financial year (April 2012) £98m will be spent including £59m on a continuing programme to maintain properties at the Decent Home Standard.  The council will spend £36m on the provision of new affordable homes with £3m on an adaptations programme to promote independent living for tenants in their properties.

This investment is a result of the flexibilities that are available to the council as part of the new Housing Revenue Account self financing framework being introduced in April 2012.  The investment will ensure that previous assets are protected and tenants continue to see key elements of their properties being replaced.

The investment programme will include:
• upgrades to more than 450 kitchens and bathrooms
• replacement of more than 2,700 heating systems
• provision of new windows to more than 1,500 properties
• completion of at least 1,500 new roofs
• new and replacement of key secure by design external doors
• a programme for upgrading our concierge and security systems in tower blocks
• continuation of our fire protection work in multi-storey properties to ensure the safety of our tenants
• lift replacement programmes.

Cllr John Lines, Birmingham City Council's Cabinet Member for Housing, said: “First and foremost this investment is good news for our tenants.  In addition, the joint lobbying of members/tenants secured resources for an adaptations programme. 

“The council's proposals for 2012/13 and beyond will allow tenants to benefit by replacing essentials in their home including central heating, windows, kitchens and bathrooms. 

“The plans will ensure that the investment of £800m that we have already completed will be protected for the future.”

This investment strategy will also ensure the long-term sustainability of local neighbourhoods and will protect the current estimated open market value of £4.5billion of our 65,000 properties.  Investment will also allow the provision of 232 new affordable homes for the council through various programmes including its award-winning house building programme - Birmingham Municipal Housing Trust with the addition of properties for sale.
 
Ends

For media enquiries only contact Karen Blanchette on 0121 303 6969.  For all other enquires call 0121 303 1111.

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