The latest financial report of the Housing Revenue Account (HRA), which was considered this week, outlines the plans for Haringey’s ambitious programme to build thousands of new homes as well as investment in its existing homes, including renovation, repairs and maintenance.
Haringey is on track to deliver 3,000 high quality homes by 2031, built to the very best environmental and design standards, with more than 2,000 underway or completed.
A retrofit of almost 300 homes is underway to make them energy efficient, cutting bills for low-income families, whilst improving indoor air quality.
The council has set a target of ensuring all council homes meet the decent homes standard by 2028 with significant investment planned for new kitchens and bathrooms, improvements to heating and electrical systems and roof, window and door replacements.
Cllr Sarah Williams, Deputy Leader and Cabinet Member for Housing and Planning, said: “Haringey is committed to fairer housing. That means making sure our residents have safe, stable, warm and comfortable homes.
“We invest in our housing budget because we want both new and existing council tenants to live in high quality homes and for more families and individuals in the borough who need the security of social housing to be able to set down roots and thrive.
“Setting a sustainable HRA has become significantly more challenging in recent years as inflation and interest rates drive up the cost of construction, repairs and building safety works.
“I’m proud that, despite many pressures, we are able to invest in existing homes and neighbourhoods at the same time as build thousands of new genuinely affordable homes that local people need.”
The HRA is ring-fenced to manage the council's social housing landlord activities and priorities and records expenditure and income related to council-owned housing stock and services provided for the benefit of council tenants.
Read the report here.
