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News Release

This item was published during the term of a previous administration that ended in April 2007

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Glasgow housing stock transfer finalised

07/03/2003

The transfer of Glasgow's 81,000 council homes to the not-for-profit Glasgow Housing Association was formally completed today.

Social Justice Minister Margaret Curran was with tenants from Royston Corridor Homes in Springburn as the handover was finalised.

The MInister said:

"This transfer - likely the largest public sector modernisation project in Europe - will unlock massive investment for Glasgow's most deprived communities. This is social justice in action.

"Tenants now have stronger rights and responsibilities and through the network of local housing organisations they will be able to influence the management and development of their own homes. This is community ownership on an unprecedented scale.

"Not only will this transfer bring warm, dry, affordable homes to thousands of Glaswegians and their families, it will lead to the creation of thousands of new apprenticeships and jobs. This is indeed about closing the opportunity gap.

"While I am proud to have played a part in delivering this transfer, it would not have happened without the sheer drive, determination and vision of the many tenants who worked long and hard to make it a reality. They can now look forward to better homes, stable rents, quicker repairs and safe neighbourhoods in which to raise their families".

Elaine Rush, a Royston tenant, said the transfer was warmly welcomed by the overwhelming majority of tenants.

"The transfer will give tenants much more of a say in how our houses are run. We will be able to decide our priorities for the investment programme, and this is bound to lead to improvements in our environment, as well as our homes."

Over the next 30 years, the GHA intends to invest £4 billion in the improvement of Glasgow's former council housing stock.

The transfer is backed by the Royal Bank of Scotland and the Bank of Scotland, supported by the Abbey National and Nationwide Building Society, and the European Investment Bank.

In April 2002, 50,082 tenants voted in the postal ballot run by the Electoral Reform Ballot Services and 58 per cent of tenants voted in favour of transfer.

The transfer means that Glasgow City Council will have its £900 million historical housing debt lifted by the UK Treasury.

Scottish Borders Council transferred its housing stock earlier this week. Other Scottish councils are currently considering transfer.

The GHA is registered with and regulated by Communities Scotland (previously Scottish Homes) which is directly accountable to Scottish Ministers. The GHA will be obliged to comply with Communities Scotland performance standards and this includes the requirement to keep rents affordable.

Royston Corridor Homes Local Housing Organisation will manage around 2000 homes within the Royston, Germiston and Blackhill/Provanmill area.

Page updated: Wednesday, July 21, 2004