Fears for Future of Housing Stock Costs May Force Community Ownership Plan to Be Scrapped
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Summary
EUROPE'S largest social landlord may be forced to scrap its plans to place its housing stock under community ownership because of soaring costs.
Glasgow Housing Association's attempt to devolve power to local housing groups has been plagued by problems and critics fear it may now be sidelined. The process of empowering tenants (known as second stage transfer or SST) was one of GHA's fundamental aims.See the full content of this document
Extract
Fears for Future of Housing Stock Costs May Force Community Ownership Plan to Be Scrapped
However, sources close to GHA said the rising costs of creating self-sufficient local bodies could force the plans to be shelved for the foreseeable future.
GHA remains commi...See the full content of this document
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