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Caerphilly Council approves housing investment plan

Town of Caerphilly, Wales, United Kingdom.

Caerphilly County Borough Council recently approved plans for investment into its housing service for the coming year.

The ‘Housing Revenue Account Business Plan 2023 – 24’, endorsed at a recent meeting of full Council, sets out income and expenditure plans for Caerphilly Homes, its housing service, over the next financial year.

As well as its business plan, the document also provides detailed narrative outlining Caerphilly Homes’ achievements over the past year, including successful attainment of the Welsh Housing Quality Standard (WHQS), over £3.2million savings generated for customers, work with housing association partners to draw down £14.92 million of Welsh Government funding to build new affordable homes and the continuation of its pioneering Caerphilly Keys initiative.

The plan also details Caerphilly Homes’ priorities for the next 3 years, such as building momentum with its house building programme, implementing a new Planned Asset Management Strategy, with a focus on WHQS 2023 and the decarbonisation of its housing stock, and continuing to support customers in managing money, maximising income and reducing fuel poverty.

Cllr Shayne Cook, the Council’s Cabinet Member for Housing, said “During the current cost of living crisis, the role Caerphilly Homes plays in supporting residents is vital.  Our vision is to provide an outstanding high-quality service for all customers of Caerphilly Homes; and having a robust business plan is key to achieving this.”