Page last updated at 12:31 GMT, Wednesday, 2 December 2009

Council house ownership switched

The ownership of more than 2,000 council homes in Ceredigion has been transferred to a housing association.

The multimillion-pound deal sees the properties pass from the control of Ceredigion council to Tai Ceredigion Housing Association.

Last year the council said £136m would be invested in maintaining the housing stock during the next 30 years.

A ballot of tenants was held and 1,067 voted in favour of the scheme, while 763 voted against.

The local authority said nearly 70% of those eligible to vote took part in the ballot last year.

The result means £40m will be spent on the council's 2,235 houses during the next five years and £136m over 30 years, which is necessary to meet the Welsh housing quality standard.

'Important era'

Seventy-two council staff have also transferred to Tai Ceredigion.

Council leader Keith Evans said: "An important era in the history of local government in Ceredigion has come to an end and a new era, full of promise for tenants, has dawned.

"The county council expresses particular gratitude, for all of their years of service, to the 72 employees transferring to the employment of Tai Ceredigion. We sincerely wish them well.

"The Welsh Assembly Government promised to unlock substantial budgetary resources to enable investment in upgrading the housing stock should the tenants vote in favour of transfer to a housing association."

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