Housing Revenue Account (HRA) Business Plan
Councils are currently approving multi-million pound Housing Revenue Account business plans to invest in housing stock improvements, regeneration, and new council homes.
Croydon Council is currently focusing on significant investment in its housing stock, with a £572 million Housing Revenue Account (HRA) investment plan approved in February 2026 for the six years to 2030-31. This plan includes capital expenditure for major repairs, estate improvements, and building safety works. A key part of this investment is the Regina Road estate redevelopment, which is projected to cost £18.6 million in 2026-27 and aims to deliver up to 340 new homes, including 215 council homes.
Other councils are also progressing with their housing investment strategies. Hammersmith and Fulham Council's Cabinet approved a £452.2 million capital programme in February 2026, which includes £49 million for climate-friendly retrofit projects for its 12,000 housing units. Newham Council decided in December 2025 to invest £9 million to refurbish the Hamara Ghar sheltered housing block. Westminster City Council's Cabinet also approved its capital budgets for 2026/27 to 2028/29 in February 2026, which typically encompass HRA investments.
These Housing Revenue Account (HRA) business plans are financial strategies that outline how councils manage their housing stock, detailing income and expenditure over a specified period, often 30 years. They cover investments in maintenance, safety, and the development of new council homes, addressing issues such as identified repair backlogs and new regulatory requirements.
Key facts
- Croydon Council approved a £572 million HRA investment plan for 2025-26 to 2030-31. Source
- The Regina Road estate redevelopment is projected to cost £18.6 million in 2026-27. Source
- Hammersmith and Fulham Council's Cabinet approved a £452.2 million capital programme for 2026/27 to 2029/30. Source
- Hammersmith and Fulham's programme includes £49 million for climate-friendly retrofit projects. Source
- Newham Council decided to invest £9 million to refurbish Hamara Ghar sheltered housing. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.