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Stock transfer

Updated: 19 Sep 2017
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The Stock Transfer Programme was announced by the Minister for Social Development in July 2013
Improvement scheme
The Housing Executive’s Stock Transfer Programme was announced by the Minister for Social Development in July 2013.  The aim of the Programme was to deliver major refurbishment works to up to 2,000 social homes through transfers to housing associations over the following three years.
Following the implementation of two pilot transfer schemes - in Rinmore estate in Derry/Londonderry and Bloomfield estate in Bangor - further progress on the Programme was put on hold pending the completion of a review of the project by the Housing Executive, the Department for Social Development and other stakeholders. The Review was completed in 2014 and recommended a new approach to the project.
This new approach has been approved by the Board of the Housing Executive and the Minister for Social Development. The key principle at the heart of the Stock Transfer Programme remains that tenants should see substantial benefits that the Housing Executive is currently unable to progress within its current financial arrangements.
A new Programme of schemes will be identified through the findings of the Stock Condition Survey of our properties that is ongoing at present. First results are expected by March 2015, at which point preparatory work for the first tranche of schemes can begin. Once approval for the new Programme has been given by the Board of the Housing Executive, tenants in those estates identified as potential transfer schemes will receive a letter informing them of timescales and outlining how they can make their views heard.
It will remain the case that tenants will decide on any transfer proposals for their estates through a Tenant Ballot. We have also published some frequently asked questions which may help you.
Details of the schemes in the new Programme will be published on this website.