Bellsmyre Tenants Vote Overwhelmingly In Favour of Transfer Plans
Date Posted: 24th of April 2020
The proposed transfer of engagements from Bellsmyre Housing Association to Caledonia Housing Association has moved a big step closer after Bellsmyre’s tenants decisively approved the plans through a tenant ballot that closed on Monday 20th April.
Electoral Reform Services, the independent organisation appointed to conduct the ballot, provided confirmation that 97% of votes cast were in favour of the transfer, based on a turnout of 42%. An impressive result with given the ballot has been run from 15th March 2020 until 20th April 2020, whilst the UK is on lock down.
The transfer will enable Caledonia to continue to provide local services while investing heavily in Bellsmyre to deliver a £3 million investment programme in existing homes alongside a £30 million regeneration programme. The regeneration program will see up to 250 former flats replaced with more than 150 new homes. As well as building new homes to replace the demolished flats, Caledonia is also constructing affordable homes at Muir Road (66 new homes), and at Bonhill on the site of the former Highdykes Primary School (49 new homes).
Louise Spence Chairperson at Bellsmyre Housing Association, commented: “We have worked really hard over the past year to engage widely with our tenants to ensure that their views were reflected in the transfer proposal and that they had a good understanding of what this involved. I am really pleased that our tenants have voted positively for the transfer to go ahead. The Bellsmyre Management Committee is confident that the ballot outcome will bring considerable benefits for tenants and the community of Bellsmyre, enabling us to build a better Bellsmyre for the future.”
Julie Cosgrove, Chief Executive at Caledonia, added: “I am delighted that Bellsmyre’s tenants have expressed such overwhelming support for the proposed transfer to Caledonia, especially during such unprecedented times. The result is excellent news and reflects our firm commitment to build a better Bellsmyre and begin work on our 5 year, £30 million regeneration plans.”
The results of the ballot will now be considered by Bellsmyre’s Management Committee and then the Scottish Housing Regulator. Shareholding members of Bellsmyre will then be invited to attend two separate Special General Meetings to consider formally approving the transfer of engagements from Bellsmyre to Caledonia.