Decision details

Date of Decision:

18/03/2024

Title:

Affordable Rent values for letting to new Council tenants in 2024/25

Decision Maker:

(Including Job Title)

Ian Spicer

Strategic Director of Adults, Housing & Public Health

Details of Specific Cabinet Delegation

or Delegation contained in the relevant Sub-Scheme of Delegation.

The Strategic Director of Adult Care, Housing and Public Health is authorised to make this decision as detailed in the Officer Delegation Scheme 4C3 c) Housing and Estates.

Decision:

That the affordable rent values to be used for re-let to new tenants in 2024/25 are the individual Affordable Rents for 2024/25 for existing tenants.

Reasons for the Decision:

To give direction on the method of calculation of Affordable Rent properties on re-let

Details of alternative options considered and rejected:

The Government policy statement on affordable rents indicates that providers should have regard to the local market context, including the relevant Local Housing Allowance for the area in which the properties is located when setting affordable rents. 

The desktop exercise has concluded that using the affordable rents charged to existing tenants in 2024/25 are within 80% of local market rents for Rotherham. 

Conflicts of interest declared by any Cabinet Member consulted by the decision maker which relates to the decision:

N/A

Dispensations Granted:

(If any)

N/A

Reports or parts of reports considered

Affordable Rent values for letting to new Council tenants in 2024/25

Date: 20/02/2024

Report author: Kathleen Andrews, Finance Manager (Housing)