Latest News from the Board

Some of the issues considered at the December 2009 board meeting were:-

Budget

 

The 2010/11 budget was approved, including a large major repairs programme, improvements to Fiske Court, Clacton and Colne House, Heybridge, and over £15 million on new development.

 

Colne's performance

 

Generally good. Arrears are reducing. There is a large increase in the number of voids, but void turn round period is reducing.

 

Review of Iceni Homes

 

Positive review of how Iceni has performed over the last twelve months, although there was some concern over defects on specific properties.

A good forward programme is being put together by Iceni.

Key Communities

 

The current agrement with BPHA, which gives us access to funding for new developments, is to be extended by twelve months to March 2010.

Office accommodation

 

The principle of taking on extra space was agreed.

Chairman's pay

 

It was agreed to pay the Society's chairman. This reflects the work he puts in on Colne business (at least one day a week).

Code of conduct

 

A new code of conduct for board members and staff was agreed in principle.

Risk

 

The risks we face that may mean we cannot achieve our ambitions were reviewed. The main new risk is that significant reductions in public expenditure, leading to cuts in housing benefit or money for new homes, whoever gets into power at the general election.

 

If you would like more details of Colne's future plans or policies, or would like to become involved in our work, contact Colne on info@colnehousing.co.uk or 01206 244700.