Tenants to be balloted on stock transfer
Council house tenants in Caerphilly will be balloted on the transfer of housing stock to a housing association early next year.
Residents in the local authority’s 10,980 properties will be balloted in February or March 2012 on whether social landlord Castell Mynydd could take over the properties.
The association could pump up to £173 million into the properties to bring them up to the Welsh Housing Quality Standard by 2017.
The council had initially said it could not achieve the work, but after a financial review announced it could bring the properties up to the WHQS by 2019 or 2020 if tenants voted against the transfer.
A spokesperson for the council said: ‘The council has agreed a revised timetable that envisages additional information being sent to tenants at the beginning of January 2012 for a further 28 day period of consultation.
‘The additional information is still in preparation and the additional cost has not been quantified. Subject to the outcome of the further consultation, the ballot is anticipated for February or March 2012.’