Cabinet agreed the following:
1. To approve the revised new build programme as set out in Annex 1 (to the Cabinet report) and capital programme spend of £10,082,372.01;
2. To approve the Council’s withdrawal from the Department for Communities and Local Government (CLG) approved HRA Borrowing Programme as resources are no longer available within the HRA Business Plan to support this additional borrowing as a consequence of the national 1% reductions in affordable and social rents over the coming 4 years;
3. To approve the provision of 58 affordable rented homes to be added to the Council’s Housing Revenue Account portfolio and let to eligible households on the Housing Register.