Budget backs new homes, support for residents and major regeneration

Graphic showing Budget 2026-27 related post

Investing in council homes

The Housing Revenue Account (HRA) will see gross expenditure of £78 million in 2026–2027, with a £67.48 million capital programme next year as part of a £260.58 million five-year investment plan.

This funding will maintain and improve around 14,000 council homes, including upgrades to kitchens, bathrooms, roofs and heating systems, alongside energy efficiency works and the council’s long-term decarbonisation programme. It will also support the delivery of new council homes, helping to meet local housing need.

Council rents will increase by 4.8%, in line with the government’s Rent Standard, representing an average weekly increase of £4.80. The increase will help sustain investment in existing homes and ensure the long-term viability of the HRA.

Driving economic growth and jobs and preparing for local government reorganisation

Alongside housing investment, the council is progressing major regeneration projects that will bring new homes, jobs and private investment into the city.

The £350 million redevelopment of Anglia Square, supported by a £34 million grant from Homes England, is set to deliver up to 1,100 new homes, new commercial space and significant job creation.

Plans to reimagine Norwich City Hall will improve accessibility of the building and  make it more open and flexible for future use.

At the same time, we will continue to invest in and enhance our award-winning medieval market, strengthening its position as a must-visit destination for residents and visitors alike.

We will also set aside a £1m provision to prepare for Local Government Reorganisation. This will help us minimise disruption and ensure we continue to deliver the services people rely on.

Cllr Carli Harper, cabinet member for finance and major projects, said:

“This budget focuses on what matters most, quality council homes, strong support for residents facing hardship and investment that secures Norwich’s future.

“We are investing tens of millions in improving and building homes, while continuing to offer up to 100% council tax support for people on the lowest incomes. At the same time, we are driving forward regeneration projects that will create jobs, attract investment and deliver new homes for our city.

“This is about building a fair, liveable and dynamic Norwich for the years ahead.”

Supporting residents in need

The council will continue to offer up to 100% council tax support for eligible residents through its local Council Tax Reduction Scheme. This means people on the lowest incomes can pay no council tax at all.

Only a small number of councils nationally maintain schemes that allow up to 100% reduction for working-age claimants, and Norwich remains committed to providing this level of support for those who need it most.

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