Tenants block transfer of 10,980 council homes
Tenants have voted against plans to transfer homes to a housing association by 65 per cent to 35 per cent.
Caerphilly Council had planned to transfer the 10,980 homes to a new not-for-profit community housing mutual, Castell Mynydd.
The ballot ran from 21 January to 17 February and transfer could only go ahead if the majority of tenants who voted in the ballot were in favour of the proposal.
The ownership and management of the homes will now stay with Caerphilly Council. In October 2011, the council revealed that it could match the £173 million needed to upgrade and maintain its properties to the Welsh Housing Quality Standard, although not until 2019/20.
It had previously stated the only way to get the housing to the WHQS was to transfer the stock to a new social landlord to release government funding.
It will outline its plans for the homes in the coming months.