Social landlord on verge of mass stock transfer
Published by Max Salsbury for 24dash.com in Housing and also in Communities, Local Government
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Salford’s Salix Homes has been recommended as the preferred bidder to take ownership of 8,200 council properties in the city.
Mayor Ian Stewart will consider the proposal next month after it was endorsed by a panel that included tenants.
Should the green light be given, Salix has promised to invest £33 million into the properties in the first 12 months after the transfer.
Salix was chosen from four housing bodies that were invited to put their case to the council, and were selected for offering the “best value for money”.
If the go-ahead is given, the final decision will be put to a ballot of Salix tenants next year.
Salix already manages the properties on the council’s behalf.
Based on current estimates, the homes need around £700m spending on investment and repairs over the next 30 years.
However, Salford City Council is unable to borrow the money to bring the properties up to modern standards.
The council’s assistant mayor for housing and environment, councillor Gena Merrett, said: “Salix Homes’ bid offered the best value for money for residents and the council.
“The panel was satisfied that Salix Homes, as a registered provider, could provide continued investment up to the standard needed, an improvement on services for residents, safer neighbourhoods and an increased customer involvement in the running of their homes.
“Salix also gave clear commitments that there would be further opportunities for customers to be involved in running the organisation in the future, together with new employment and training opportunities for local residents, and that they would be able to attract more investment in the 8,200 properties from outside sources.
“I’m looking forward to the ballot and to seeing a huge wave of investment in Salix homes across Salford.”
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