Caledonia Housing Association holds AGM and publishes 2024–25 Annual Report

Caledonia Housing Association held its Annual General Meeting yesterday (Tuesday 23 September 2025) and published its Annual Report 2024–25, reflecting a year of delivery across new homes, local services and support for tenants and communities.

Chair Allan Jones reflected on a year of strong progress despite sector-wide pressures. He highlighted how Caledonia continued to invest in safe, warm and well-maintained homes while advancing major regeneration and new development. Over the year, Caledonia completed 52 new homes and started a further 114, including at Coldside, Dundee, where specialist, energy-efficient homes were delivered in partnership with Dundee Health and Social Care Partnership. The Association also expanded development into North Lanarkshire, where new homes at Berryknowe Avenue, Chryston, responded directly to local need-demonstrating the impact of staff insight and tenant voice in shaping provision.

A major focus for the year was the Bellsmyre Regeneration in West Dunbartonshire – one of Caledonia’s most ambitious programmes to date. Over the next five years, 264 outdated flats will be replaced with 138 modern, energy-efficient homes. The first phase – supported by £4.4m of Scottish Government funding -is now underway and will deliver 27 homes by spring 2026. The Chair emphasised that the project is “about more than bricks and mortar,” bringing environmental benefits, skills, jobs and renewed public spaces to help the neighbourhood thrive.

Investment in existing homes remained central. In 2024–25 Caledonia invested £8.33m in planned upgrades and essential repairs and completed more than 15,000 repairs across its stock. A full programme of safety compliance checks was carried out, ensuring tenants can feel safe and secure in their homes. Alongside this, a dedicated Damp & Mould Team was launched in July 2024 to coordinate complex cases end-to-end – part of a broader focus on prevention, early intervention and transparent communication.

Chief Executive Julie Cosgrove underlined Caledonia’s role beyond housing provision, pointing to partnerships that help tenants with the cost of living and independent living. Through Scarf, tenants received tailored energy advice, soft measures and crisis support – saving an estimated £160,236 a year and reducing carbon by 320 tonnes, with thousands of pounds in crisis fuel vouchers issued. Work with Lightning Reach identified hundreds of tenants eligible for additional financial support, putting money back into household budgets. The HOPE project supported referrals to reduce isolation and improve wellbeing, while more than 160 Stage 3 medical adaptations helped tenants live safely and independently at home; Care & Repair teams delivered 330+ additional adaptations to tenant and wider community homes across Angus and Perth and Kinross.

Environmentally, the Association made solid progress on its 2024–2045 Net Zero Strategy, investing in fabric-first improvements, low-carbon technologies in new homes, sustainable travel, and a digital-first approach that is cutting emissions.

Looking ahead to 2025–26, Caledonia’s priorities include delivering more high-quality, energy-efficient homes and progressing regeneration; strengthening value for money to protect affordability; investing in partnerships that tackle fuel poverty and improve financial wellbeing; and launching a new five-year Tenant Engagement Strategy to keep local voices at the heart of decisions. With prudent financial management – £7.59m invested in new development activity this year, strong liquidity and fixed-rate protection on the majority of drawn debt – the Association remains well-placed to deliver its long-term plans.

“We remain resilient and focused on delivering value for money,” said Allan Jones, thanking tenants, colleagues and Board members for their contribution.

“Our commitment is to safe, sustainable homes and strong, supportive communities – guided by tenant insight at every level,” added Julie Cosgrove.

Read the full report here: Caledonia HA Annual Report 24-25