Our ActionsStock performance - It is important that we understand our housingstock to manage our ‘business resilience’. This means that we needto profile, review and appraise the stock to fully understand itsperformance and the contribution it makes to our HRA Business Plan.We manage opportunities and liabilities by identifying properties andeither redeveloping or disposing of them to: i) reduce our liabilities; ii)generate funds for future re-investment in properties which are eitherbetter located to a) meet other housing need, or; b) are more efficientto manage. We have a track record in this area which has contributedto new build housing and generated a valuable capital contributionfor new investment in our existing stock. Additionally, we have beenactive in re-developing our properties to deliver a higher performingadditional stock that meets the needs of our tenants.Action 01To investigate the potentialbenefits of an AssetPerformance Tool for theHousing Service and reportto the Head of Housing bythe end of 2020.It is recognised that an effective Asset Performance Tool to help manageour assets may need to be invested in. This would allow us to understandour housing assets in more detail and enable us to manage themmore effectively.Resident involvement - We currently engage with our tenantsthrough the Tenants Forum (composed of tenants and officers) andthe Housing Benefits and Tenant Services Consultation Group (a mixof tenants, councillors and partners) which are well established groups.They consider our performance reporting on the housing stock as wellas any significant changes that may occur (e.g. fire risk assessments totower blocks).We want to improve tenant engagement through new channelsincluding the ability for tenant scrutiny of our strategies and budgetsand will produce Tenant Engagement Strategy in 2020.18Action 02Support the developmentof a Tenant EngagementStrategy in 2020 to enablemeaningful engagementwith residents and tenantsin any future investmentprocess as well as thedevelopment of futurestrategies.
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