What evidence it has that the proposal for transferring Glasgow City Council's housing stock will be funded should there be a yes vote in t…

Answered Asked by Frank McAveety Lab Lodged 8 Mar 2002

The question

To ask the Scottish Executive what evidence it has that the proposal for transferring Glasgow City Council's housing stock will be funded should there be a yes vote in the Glasgow housing stock transfer ballot.

The answer

Answered by Margaret Curran on 28 Mar 2002 · 20 days after it was lodged, 6 days after it was due

The City Council and the Glasgow Housing Association (GHA) have had detailed discussions with funders to ensure that the commitments given to tenants could be delivered. Letters of support from a number of financial institutions active in the social rented housing market have been received for the GHA proposal. If tenants vote yes in the Glasgow housing stock transfer ballot, the Executive is satisfied that the proposal will attract competitive offers of funding from the financial markets and deliver for tenants.

In the Official Report

No contribution in the Official Report cites S1W-23907 by reference.