Birmingham City Council voted to retain 213 newly-built homes as social housing during a cabinet meeting earlier this week by acquiring the homes with Housing Revenue Account funds.

According to the council report, the Housing Revenue Account has an annual budget for 213 units of supply. It can also use Right to Buy funds to fund 40% of either the acquisition or development of properties.

The council said “this funding can be used to buy the 213 units in plot nine at Perry Barr, reducing the reliance on new build programmes planned to commence during the financial year.”