Tenants will see investment in their homes if a transfer is agreed, according to the prospective new owners.

Places for People is looking to take over Reidvale Housing Association, its homes and assets.

In a ballot last year, tenants voted 61% in favour of the transfer.

Shareholder members are voting tonight in the first stage of approving the ballot result.

Ahead of the meeting, Places for People outlined their plans for rent and investment.

Katie Smart, Director said: “There will be a five-year rent freeze from 2024/25-2028/29, saving tenants an average of £1,355 each year and providing financial stability in this uncertain time.

“We have committed to this with the Scottish Housing Regulator.

“In this same five-year period, there will also be a £13.7 million investment in improving “Reidvale homes which will focus on kitchen, bathroom, and window and door improvements, as well as WiFi access for all homes by 2029.”

She said local staff would be retained and the housing association office would be kept open.

Ms Smart added: “Our main office is in Edinburgh although we operate across Scotland. We care deeply about communities, and the people who make them what they are.

“We are community-focused regardless of whether tenants are in Glasgow, Edinburgh, Aberdeen or elsewhere.

“We work closely with local people and partners to deliver what they need, and where they need it.”

The transfer has been opposed by local politicians.

Ahead of the vote, Paul Sweeney, Labour MSP, and people who are against the switch have been lobbying in the community to call for shareholder members to reject the proposal.

He said the ballot result meant only 45% of tenants voted in favour of the transfer and said it must have higher support to go ahead.

Sweeney and fellow MSPs, Ivan McKee, SNP Provan and Annie Wells, Conservative, Glasgow wrote to the Housing Regulator with concerns about local accountability and community assets being outside of local control.

In a letter to shareholders, campaigners known as Reidvale Against PfP, said: “The Reidvale community owns £100 million worth of housing stock in a highly desirable area, less than two miles from George Square.

“The proposal is to hand over the houses to an English based organisation - with no payment to Reidvale or to the people who have spent nearly 50 years creating a vibrant community.”

“If Management Committee members don’t have the desire and passion to save Reidvale, then they can step aside and allow others who are passionate about the Reidvale community and about the principles of Community Ownership to step in.”