Last night (9 December 2025), Cabinet considered the latest financial report of the Housing Revenue Account (HRA), which outlines its plans for delivering a new generation of council rent homes as well as expenditure on 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.
In June, the council announced a landmark injection of almost £600m over ten years to drive up the comfort and quality of council homes in Haringey and move the borough nearer its net zero target.
Cllr Sarah Williams, Deputy Leader and Cabinet Member for Housing and Planning, said:
Housing is about fairness. Everyone should have a home that is affordable, safe, warm and comfortable – a home that meets their needs and supports their wellbeing.
In Haringey, we are taking bold action by prioritising affordable housing, delivering thousands of new council homes at council rents and renovating thousands more to ensure they are fit for the future.
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 ensuring new and existing council tenants live in high quality homes and more families and individuals in the borough who need the security of social housing are able to set down roots and thrive.
The HRA is ring-fenced to manage the council's social housing landlord activities and priorities. It records expenditure and income related to council-owned housing stock as well as services provided for the benefit of council tenants.
The final HRA Business Plan and Budget will be presented to Cabinet in February 2026 before consideration by Full Council in March 2026.
Read the December Cabinet report here.
