Denbighshire Council has approved plans to place significant investment into the creation of new housing stock over the next four years.
Cabinet (on Tuesday) approved a rise in the revenue budget for investment in new housing stock from £353k to £3.7 million by 2019/20.
The increase, which equates to £14.8m over 4 years, will enable the council to deliver more quality homes and a wider range of options for customers.
A large increase in the funding for planned improvements to current housing stock has also been approved by the Council. These improvements will be based on priorities identified by tenants as the Council continues to increase engagement and listening to what is important to tenants.
Improvements to existing homes will include increasing the energy efficiency to help tenants with lower fuel bills. There will be additional focus on the look and feel of housing estates including significant improvements in open spaces and play facilities.
Cabinet Lead Member for Finance, Julian Thompson-Hill said, ‘This is great news for Denbighshire. We have allocated significant revenue towards the building of much needed new housing stock.
‘We are also investing in improvements to our current housing stock to make sure Denbighshire’s housing is suitable for modern living.’
This increased investment in housing comes in the wake of STAR Surveys carried out in 2015 which indicated high levels of resident satisfaction with rent and service charges from Denbighshire County Council.
96 per cent of respondents to the STAR survey said they were satisfied that their rent provided value for money and 94 per cent said they were happy with the service charge value for money.
In line with Welsh government policy for social housing rents, there will be a small rise from April 2016 for both housing and garages.