The Council Meeting approved:-
(a) An increase of 7% for social rent and affordable rent.
(b) An increase of 7% for rent of shared ownership properties.
(c) An increase of 9.5% for rent of sheltered properties.
(d) Service charge increases as outlined in section 3.
(e) The Housing Revenue Account Budget for 2023/24 as set out in Appendix 1.
The Cabinet considered the rent levels and service charges for the Housing Revenue Account (HRA) and a recommended budget for 2023/24 and then recommended that the Council Meeting give approval to:-
a) an increase of 7% for social and affordable rent;
b) an increase of 7% for rent of shared ownership properties;
c) an increase of 9.5% for rent of sheltered properties
d) service charge increases as outlined in section 3;
e) the Housing Revenue Account Budget for 2023/24 as set out in Appendix 1.