The transfer of 8,500 homes from the council to private
ownership has been formally approved. Salford council rubber stamped the transfer of town
hall-owned properties to Salix Homes at its full council meeting. This came
after a tenant ballot in November when tenants voted in favour of the stock
transfer. The transfer is expected to take place at the end of March and Salix
Homes, which already manages the homes on behalf of the council. Salix says it
will invest millions into the homes to bring them up to a decent standard by
2020 and maintain them. Read more on the Manchester Evening News website.
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