Issue - meetings

Approval of policy which explains how Council sets rent and service charges for HRA owned assets.

The Cabinet Member for Housing presented the report.

The report and attached Rent and Service Charge Policy had been developed to set out how Cambridge City Council’s landlord services would set their rents and service charges in Housing Revenue Account (HRA) owned and managed properties. It had been written in accordance with best practice, legislation and regulation to set out clearly and transparently to our tenants and leaseholders how the Council set their rent and service charges.

This policy ensured the Council set rent and service charges in accordance with the Regulator of Social Housing’s Rent Standard 2020 and meets all relevant Housing Legislation.

Cabinet unanimously resolved to:

      i.         Approve the Rent and Service Charge Policy, which will be implemented immediately.

    ii.         Provide the Cabinet Member for Housing, Assistant Director Housing and Health in consultation with the Housing Advisory Board delegated authority to update the policy as required.

   iii.         Provide the Assistant Director Housing and Health, Strategic Housing Management Lead and Housing Leadership Board delegated authority to develop all relevant procedures to support the implementation of this Rent and Service Charge Policy.