Construction News
20/06/2013
Council To Approve £58m Programme
Birmingham City Council is set to approve a £58 million programme of investment into its stock of council properties at Cabinet on Monday 24th June 2013.
This follows the allocation of £28 million for a redevelopment and new build programme approved earlier this year
The Birmingham Council Housing Investment Programme for 2013/14 covers redevelopment costs, clearance and improvements at an estimated capital cost of £58.355 million.
The majority of the programme will be paid for using tenants' rent and reserves set aside from previous years.
Around 9,000 homes will get new kitchens and bathrooms, upgraded central heating systems, door and roof replacements and structural works.
The council spent around £800 million between 2004 and 2010 bringing its residential properties up to The Decent Homes Standard. All properties that are put forward for the new round of investment will be surveyed to check their suitability.
Deputy Leader of Birmingham City Council, Cllr Ian Ward, said: We currently own and manage 64,000 residential properties and we have already made considerable headway with improving them.
"The new investment programme earmarked for 2013/14 will target 9,000 properties for further improvement, reducing carbon emissions and lowering tenants' fuel bills."
(CD/MH)
This follows the allocation of £28 million for a redevelopment and new build programme approved earlier this year
The Birmingham Council Housing Investment Programme for 2013/14 covers redevelopment costs, clearance and improvements at an estimated capital cost of £58.355 million.
The majority of the programme will be paid for using tenants' rent and reserves set aside from previous years.
Around 9,000 homes will get new kitchens and bathrooms, upgraded central heating systems, door and roof replacements and structural works.
The council spent around £800 million between 2004 and 2010 bringing its residential properties up to The Decent Homes Standard. All properties that are put forward for the new round of investment will be surveyed to check their suitability.
Deputy Leader of Birmingham City Council, Cllr Ian Ward, said: We currently own and manage 64,000 residential properties and we have already made considerable headway with improving them.
"The new investment programme earmarked for 2013/14 will target 9,000 properties for further improvement, reducing carbon emissions and lowering tenants' fuel bills."
(CD/MH)
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