This is an historic day for housing in Scotland. Not only have we a bill before us that, in the words of Shelter, represents the most progressive piece of homelessness legislation in western Europe, but earlier this morning the First Minister gave his approval for the transfer of housing stock from Glasgow City Council to the Glasgow Housing Association. That is the delivery of the most radical package of investment in tenant control ever proposed for housing in Scotland. The package will deliver for Glasgow tenants a £4 billion programme of investment over 30 years. It will lift £900 million of housing debts off the shoulders of Glasgow's tenants. It is a comprehensive programme of tenant influence and control.
I believe that our work in housing will go down as among the most significant achievements of the first session of Parliament. Prioritising those most in need has been the hallmark of the Executive's approach to housing and is reflected in our profound commitment to social justice. That is evident not only in our commitment to stock transfer or in the £47 million that we have committed to the decommissioning of the Glasgow hostels that deal with the most vulnerable of our citizens, but in the bill before us this afternoon.