Issue - decisions

Housing Revenue Account - Rent Convergence

  • Subscribe to updates
  • Share this item
 

 

02/06/2026 - Housing Revenue Account - Rent Convergence

Decision

 

That Cabinet approve the inclusion of rent convergence in the Housing Revenue Account rent setting proposals from 1 April 2027.

 

Reasons for the decision

 

It was recommended that Cabinet approve the inclusion of rent convergence in the rent setting proposals from 1 April 2027 due to additional income that would be generated. which would support the HRA in meeting the financial challenges it was facing.

 

Other options considered

 

The Council could have chosen to set rent below the levels set out in the rent standard but this would have had an impact on the resources available to invest in the existing housing stock and the future financial resilience of the HRA.