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Milton Keynes Labour led Council is investing £53.992 million in its council housing stock in 2017/18.
The investment will see 76 new council houses built and around another 40 homes purchased.
There will be improvements to blocks of flats, including an extra £1 million on fire safety. There will be improvements to sheltered housing. A further £8 million will be spent on new roofs and windows. There will be investment in heating upgrades, new boilers and new kitchens as well as £680,000 in “Aids and Adaptations” to improve safety in the homes of older and disabled tenants.
The investment comes from a number of Council funding areas:
Table 1
| Area | £ Amount (Millions) |
| Capital receipts | 5.763 |
| Major Repairs Allowance Fund | 18.711 |
| Revenue Contributions | 29.516 |
| TOTAL | 53.992 |
Cllr Nigel Long, Cabinet Member for Adult Social Care and Housing on Mk Council said, “The Council is strongly committed to investing in improvements to the 14,000 homes it owns. We are also committed to building and acquiring new homes. I am delighted that through sound financial management we are able to invest £54 million this year.”
However, the investment comes from the Council’s own income sources, it is not funded through borrowing because of the Government cap on what the Council can borrow to invest in council housing.
Cllr Long added, “If the Government removed the cap on our ability to borrow we would invest millions more in building new genuinely affordable homes for rent and sale. Both the Milton Keynes MPs have consistently refused to back the removal of the cap. They are wrong not to help make the case for increased investment in new homes and regeneration.”
Cllr Long concluded, ” I am pleased that from the record £54 million investment this year we will see improvements to blocks of flats, including an extra £1 million on fire safety, to sheltered housing, to heating upgrades and new kitchens as well as new homes. But there is so much more to do. We need the freedom to borrow to invest. The MPs must support the Council.”
Table 2: Area of investment in 2017/18
|
Housing HRA |
|
2017/18 Financing |
|
|
|
|
SAP code |
Scheme Title |
Capital Receipts |
Major Repairs Reserve (MRR) |
Revenue Contribution |
Total 2017/18 |
|
WBS |
|
£ |
£ |
£ |
£ |
|
|
|
|
|
|
0.00 |
|
|
Reactive Works |
|
|
|
0.00 |
|
9/C/00185 |
Aids & Adaptations |
220,000.00 |
460,000.00 |
|
680,000.00 |
|
|
|
|
|
|
0.00 |
|
|
Non Regeneration Programme |
|
|
|
0.00 |
|
9/C/00173 |
Melish Court Fire Safety Upgrades |
|
560,200.00 |
|
560,200.00 |
|
9/C/00141-040 |
Clifton Court CHP |
|
480,000.00 |
|
480,000.00 |
|
CPN0029 |
Bathrooms |
|
550,000.00 |
|
550,000.00 |
|
CPN0030 |
Electrics |
|
550,000.00 |
|
550,000.00 |
|
CPN0031 |
Kitchens |
|
1,650,000.00 |
|
1,650,000.00 |
|
CPN0032 |
External/Structural Works |
|
8,650,000.00 |
|
8,650,000.00 |
|
CPN0034 |
Boiler replacement |
|
1,500,000.00 |
|
1,500,000.00 |
|
CPN0036 |
Communal Heating |
|
1,000,000.00 |
|
1,000,000.00 |
|
CPN0056 |
Urgent Failing Components |
|
550,000.00 |
|
550,000.00 |
|
9/C/00161 |
Planned Heating |
|
259,816.27 |
|
259,816.27 |
|
9/C/00163 |
Saints Garages Walkway |
|
223,511.00 |
|
223,511.00 |
|
9/C/00168 |
Communal Improvements |
|
375,000.00 |
|
375,000.00 |
|
9/C/00170 |
MC2 Balcony Refurbishment P2 |
|
492,226.67 |
|
492,226.67 |
|
9/C/00138-140 |
Harrier Court |
|
408,682.58 |
|
408,682.58 |
|
9/C/00155 |
Block Improvements |
|
155,391.70 |
|
155,391.70 |
|
9C/00139-020 |
Carpenter Court Fire Safety Upgrades |
|
390,000.00 |
|
390,000.00 |
|
9C/00139-030 |
Bellfounder House Ceiling Upgrades |
|
390,000.00 |
|
390,000.00 |
|
9/C/00171 |
Everglades Fire Safety Upgrades |
|
67,053.00 |
|
67,053.00 |
|
|
|
|
|
|
0.00 |
|
|
Regeneration Programme |
|
|
|
0.00 |
|
CPN0041 |
Regeneration Programme |
750,000.00 |
|
18,332,100.29 |
19,082,100.29 |
|
|
|
|
|
|
0.00 |
|
|
Provision of Additional Affordable Housing |
|
|
|
0.00 |
|
CPN0039 |
New Build Programme |
562,999.94 |
|
1,313,666.54 |
1,876,666.48 |
|
9/C/00126 |
Three Garages |
101.10 |
|
235.90 |
337.00 |
|
9/C/00146 |
Conversion of 66-70 High St Two Mile Ash |
1,169.56 |
|
2,728.98 |
3,898.54 |
|
9/C/00156 |
New Council Housing – 4 Garage Sites |
612,964.56 |
|
1,430,250.66 |
2,043,215.22 |
|
9/C/00160 |
1 Fren Grove |
17,754.96 |
|
41,428.24 |
59,183.20 |
|
9/C/00174 |
Purchase of Properties |
2,499,630.38 |
|
5,832,470.90 |
8,332,101.28 |
|
9/C/00175 |
Purchase of Properties – Blind Pond farm |
24,641.01 |
|
57,495.69 |
82,136.70 |
|
9/C/00177 |
Cotsfoot New Council Houses |
151,629.30 |
|
353,801.70 |
505,431.00 |
|
9/C/00178 |
Franklin Croft New Council Houses |
275,058.00 |
|
641,802.00 |
916,860.00 |
|
9/C/00179 |
Kellen Drive New Council Houses |
259,926.30 |
|
606,494.70 |
866,421.00 |
|
9/C/00180 |
St Georges New Council Houses |
237,812.40 |
|
554,895.60 |
792,708.00 |
|
9/C/00181 |
Germander New Council Houses |
125,924.25 |
|
293,823.25 |
419,747.50 |
|
9/C/00183 |
52 Westfield |
23,852.98 |
|
55,656.94 |
79,509.92 |
|
|
|
|
|
|
0.00 |
|
|
TOTALS |
5,763,464.74 |
18,711,881.22 |
29,516,851.39 |
53,992,197.35 |
Notes: Councillor Long is pictured above outside OAP Bungalows in Stour Close, West Bletchley. He says: “These should get window upgrades.”