Council agrees in principle to homes transfer
Gloucester City Council has agreed in principle to approve a proposal for the stock transfer of its 4,800 homes to a Council and Community Owned Organisation (CoCo), at a meeting of the Full Council last night.
The Council also agreed to accept the recommendation of the Customer Forum, which represents the City Council's tenants, to select Gloucester City Homes as the new standalone landlord in the event of a transfer going ahead.
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Last night's vote follows a detailed review of the options available to secure future investment in the Council's homes, which involved a panel of residents, officers from the City Council and Gloucester City Homes, and Council representatives from all parties.
The details of the proposal will now be finalised in readiness for an application to the Government for the proposed transfer to be included in the 2014/15 Transfer Programme.
If the Government agrees to the proposal it will pave the way for a full consultation with tenants on what the transfer of stock to Gloucester City Homes would mean for them and a tenant vote on whether it should go ahead.
A transfer of stock to Gloucester City Homes under the Co Co Plus Model would mean that GCH would be able to raise the investment required to ensure the regeneration of communities through continued improvement of tenants' homes and as well as building much needed new homes for families on the waiting list.
Councillor Colin Organ, City Council Cabinet member for Housing, Health and Leisure, commented: "It is vitally important that we protect the future of housing in the city for both the current and future generations. If the Government agrees this move will provide the ability to make the necessary investment in the existing stock of properties as well as build much needed new homes."
Tim Dare, Chair of Gloucester City Homes Board added: "Gloucester City Homes has very strong loyalty and integrity with our tenants. We have transformed our services since we started providing services in December 2005, investing over £69 million into our tenants' homes and making them decent. The decision of the Council provides an opportunity to maintain that high levels of investment, continue providing high quality services and creates the opportunity for community regeneration and building much needed affordable housing. This is just the first step and ultimately tenants will have the choice on this decision with the right to vote on a transfer to GCH sometime next year."