Aims and Objectives
1. Business Development
- Explore the opportunities for growth presented by local development frameworks and revised planning mechanisms.
- Take an active role in the development of Sub-regional and Regional Housing Strategies to ensure the priority for rural investment is retained.
- Where possible, mitigate risk from competition by Partnership working, and expanding the management portfolio within the RSL and private development sector.
- Continue to generate close working relationships with Partner Local Authorities, and explore potential working arrangements with others.
- Look to secure its servicing requirements from Midlands Rural Housing for the period of the Business Plan, on the basis that service standards are maintained and efficiency of operation is demonstrated.
2. Development Considerations
- Pursue the majority of new developments on “Exception” sites
- Aim to deliver a programme of rural homes stated in the Business Plan
- Work closely with key Investment Partner RSLs to deliver its development programme.
3. Management Services and Resident Involvement
- Continue to provide a high quality service to its Residents.
- Continue to evolve and set clear Performance Indicators for the delivery of services.
- Implement the actions identified in the Resident Involvement “Action Plan” in accordance with adopted timescales.
- Continue with the implementation of the “Best Value” strategy.
- Promote itself as a skilled manager of rural stock and expand this element of the business.
4. Financial Considerations
- Ensure financial viability in its operations, with surpluses being generated in each year of the Business Plan, and compliance with key financial ratios being demonstrated.
- Explore additional sources of private finance, and work with its partner RHAs to secure competitive borrowing.