Tuesday, June 18, 2024

Councillors discuss plan to spend £1.5bn on city homes

Next week City of Lincoln Councillors will discuss its new 30-year business plan for the city’s council homes, including a commitment to invest more than £1.5 billion in Lincoln’s housing stock over the plan’s 30-year lifespan.

There are 7,800 council homes in the city, about 20% of Lincoln’s total number of domestic properties. These are made up of 3,513 houses, 3,008 flats, 547 bungalows, 259 maisonettes, 6 bedsits and 467 homes for older people.

The new 30-year plan sets out the income and expenditure plans for the delivery of council housing until 2054, with a focus on four main objectives:

  • Core Housing Services – Work to ensure Lincoln is ranked among the top performing social landlords in the country for services such as repairs, caretaking and landscaping
  • New homes – Our plan to build, acquire and enable the development of 1,700 additional affordable homes in the city
  • Estate regeneration – Our plan to regenerate estates means that we will tackle problems like parking, crime and anti-social behaviour
  • Decarbonisation – We will reduce our carbon footprint and make homes cheaper to run for residents as part of our aim for all homes to reach energy performance rating of C by 2030

Cllr Donald Nannestad, Portfolio Holder for Quality Housing at City of Lincoln Council, said: “The city council has been providing much needed affordable homes for the people of Lincoln since 1920. We are very proud of our housing and passionately believe in the positive influence that good quality, affordable housing has on people’s lives.

“Our 30-year plan contains a commitment to invest more than £1.5 billion into council homes in the city during its lifespan. This will be used to build excellent quality new homes and invest significantly in our current stock, ensuring it is maintained to the highest standards.

“Much of this significant investment will be of direct benefit to the local economy, providing jobs to local people, while also providing much needed high quality homes that meet the varied needs of all our residents.

“This is an incredibly ambitious plan for the city, which will have a significant positive impact of the lives of thousands of residents.”

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