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Development
We have appointed our design team and have
budgeted £184K for professional fees towards
the various costs as we approach on site target
for end of 22/23. Surveys on site are nearing
completion and we are on target to deliver 26
new homes for North Belfast helping ease the
housing crisis evident in the numbers waiting for
new homes.
Housing Management
The Covid 19 pandemic has brought about
many diculties, and we remain committed to
supporting our tenants and communities through
this period of slow recovery and economic
impacts. Our Tenant engagement displays our
commitment to working with our tenants and their
local communities. We continue to engage on a
regular basis with our Tenant Voice Group and
invest in their development.
Our Tenant Voice Group has been set up to help
strengthen the links within our Association to
include our board, sta, and tenants to ensure
that they can eectively link into the decision-
making arrangements of our Housing Association.
GCHA sta continue to support their tenants to
improve customer awareness of welfare changes
and to develop and review communications
to our tenants on several key issues. Key
conversations held with our Tenant Voice Group
over the last year include meetings in August,
September and December.
As we emerge from the impacts the Covid-19
pandemic has left us with, we know that many
people are faced with many diculties and
challenges. Our sta have stayed in close contact
with tenants as much as possible, particularly
those who were vulnerable and isolated, and
this has helped us target support where it is
needed. The Association has found that many
of the changes to benefits has aected both
in-work and out-of-work tenants and their ability
to cover their rent and other bills. Through our
own operational day to day work, we know
that some tenants that had been working had
reduced hours or been made redundant and
are struggling to cope with a reduced income.
Our Housing Sta continue to assist tenants with
the Universal Credit process, providing advice,
signposting and making appropriate referrals to
other support agencies.
Universal Credit is a benefit for people of working
age who are on a low income or out of work.
Proposed Rent increase
Taking all these factors into account, the cost of
services and delivering what tenants have told us
are their priorities, we are proposing increasing
your rent from 4th April 2022 by 4%.
When we set rent levels, we need to make sure
that the Association’s income keeps pace with the
costs we have, like repairs and other overheads.
To help us with this, we use a measure of inflation
that our suppliers use to keep track of prices.
The Consumer Pice Index (CPI) is currently
sitting at 5.4% (December 2021), 2.1% lower than
the Retail Price Index (RPI) currently sitting at
7.5% (December 2021). The inflation rate of the
Consumer Price Index is expected to be 4% in
2022, and then fall to 2.6 percent in 2023.
Unfortunately, many of our suppliers increase
costs at a rate above inflation, so we need to
reflect this prediction in our rents to keep pace
with cost increases.
We also need to consider the forecasted increase
in inflation over the next year. We will continue to
use competition when we select suppliers to get
the best value for tenants. We want to continue the
current level of investment in our properties and
provide you with quality housing management,
repairs, and advice services. To maintain the
services and investment commitments outlined in
this leaflet in the year ahead, we need to increase
the rent in 2022/23 by 4%.
We plan to invest
over £6,000 in Tenant
and Community
engagement costs