Glasgow City Council are transferring 293 council houses to Thenew Housing Association to revitalise Cranhill through community ownership and greater investment.
Mr MacDonald said:
The majority of these houses require major investment to bring them up to a modern standard and their transfer, which over three quarters of the tenants voted for, will see them demolished and replaced with some 300 new homes.
1. The flats in Cranhill, an area of Greater Easterhouse, were built over 35 years ago and most require extensive modernisation. Glasgow City Council cannot afford this from its own resources and Scottish Homes have agreed to provide£12.6 million to fund the demolition and replacement programme subject to the transfer of stock.
2. Thenew Housing Association plan a phased clearance and demolition of the stock and a comprehensive development of some 300 new two storey houses and cottage flats. These will be built over a twelve year period.
3. Tenants were extensively consulted on the proposals and 84 per cent of those entitled to vote supported the move to transfer. Rents will be set by the housing associations management committee - half of which will be tenants - which will aim to ensure that rents are affordable to all, especially to those in low-paid employment. Present rents changed by Thenew Housing Association are very close to those charged by Glasgow City Council for similar types of houses.
4. Thenew Housing Association Ltd was formed in 1979 and has acquired and improved 1800 houses in the East End of Glasgow. It is registered with Scottish Homes and is a member of the Scottish Federation of Housing Associations.
5. Earlier this year, 150 tenants from Netherholm in Castlemilk voted unanimously to transfer the management of their houses to Thenew. The association is also currently building 60 units for existing council tenants in Blackhill.