Thistle and Sanctuary say the proposal is designed to benefit every customer, including the Glasgow-based association’s factored owners.
However, the biggest beneficiary, they say, will be Thistle’s 982 tenants if they vote in favour of the transfer in an independent ballot later this year.
Lawrie West, the chair of the committee, said: “We believe the transfer will combine the strengths, capabilities and traditions of both Thistle and Sanctuary Scotland to create a stronger organisation that can deliver a thriving future for our customers and employees.”
If the transfer takes place, Sanctuary Scotland says it will spend more than £11m by the end of 2024.
More than £2m will be spent fixing long-standing issues related to a major investment contract.
A vote in favour would also see Sanctuary commit to:
- An Affordable Rent Guarantee, saving each household an estimated £220 on average by April 2024
- Doubling Thistle’s community investment budget, from £25,000 to £50,000
- Retaining Thistle’s Toryglen office and the existing staff team
- Meaningful resident engagement through the creation of a Toryglen Customer Review Panel
Sanctuary Scotland has been providing operational support to Thistle since 2 March 2020, with Sanctuary Scotland director Pat Cahill appointed Thistle’s interim director on 1 April.
A meeting of Thistle’s management committee yesterday approved the joint business case for the transfer to Sanctuary Scotland.
Over the next four weeks, staff from both organisations will be out speaking with Toryglen’s residents about the benefits of a vote in favour, observing Scottish government contact guidance.
All feedback will be considered by the management committee before a decision is made on moving forward to the independent tenant ballot.
Mags Lightbody, Transfer Lead for Thistle, commented: “The tenants and factored owners who attended our focus groups were very positive about our transfer offer.
“I’m confident the vast majority of Thistle customers will share this opinion.
“A YES vote in the tenant ballot will allow the local team to add to Thistle’s already excellent work in the community while enabling Sanctuary to address the wider, well publicised issues once and for all.”