HRABP - Draft 8 - Flipbook - Page 8
6 Investment Programme - continued
6.3 Retired Living Schemes
The Council is currently undertaking a review of its Retired Living
Schemes for older people, some of which do not meet current
resident expectations and are becoming increasingly difficult
to let. Any redevelopment proposals and associated funding
requirements resulting from the review will be incorporated
in future updates to the Business Plan.
6.4 New Housing Development
The Council has initiated a programme of land
acquisition and new build development to
provide additional affordable homes.
£47m of funding
for land acquisition and
new build development
This has identified funding of £47m to 2023. The
programme combines HRA funding with funds
from other sources. Longer term the Lowestoft
and Outer Harbour regeneration proposals are
expected to provide a significant opportunity for
the development of further affordable homes.
Already the Council has invested £4.4m in the
purchase of brownfield sites to aid regeneration
and deliver new homes.
7 Achieving Value for Money
The need to achieve value for money in the housing service is a key priority. Maximising
income and reducing expenditure on administration, while delivering an effective and efficient
service is key to ensuring that the Council is able to maximise investment in the existing
housing and provision of new housing stock. The Council is also committed to providing
excellent services for its tenants and increasingly this means enabling communications with
tenants, through a variety of channels, particularly web and text-based services.
The Housing Service has embarked on a transformation programme during 2018 to achieve
step-change improvement across the housing service and ensure that its objectives and
operational practices align with the East Suffolk Housing Strategy and corporate East Suffolk
Business Plan.
East Suffolk HRA Business Plan 2018 - 2048
