Diolch, Llywydd, and good afternoon, First Minister. You'll be aware, of course, that housing associations provide around 165,000 homes and related housing services for around 10 per cent of our population. According to Community Housing Cymru, in 2019-20, associations spent £1.3 billion directly into the Welsh economy, and for every one of the around 10,000 full-time staff, another 1.5 jobs were supported elsewhere. Also, in addition to achieving 99 per cent compliance with the Welsh housing quality standard, in comparison to 84 per cent by local authorities, housing associations in Wales are committed to bringing a further £1 billion in private investment during the next five years, matching every pound invested to build new social housing, and increasing its membership spend from 85p to 90p in every pound. 

There are so many good examples, proving that our 59 RSLs are now delivering for our communities. Yet, despite such huge successes, 11 local authorities have not yet transferred their stock. The last local authority to transfer 100 per cent of its stock was Neath Port Talbot, in 2011. Given the benefits that I've mentioned—and, believe me, there are considerably more—what steps are you taking to work with our local authorities to see the further transfer of social housing to a registered social landlord model, given the advantages this could bring? Diolch.