HOUSING officials need £135m from the government before 20,000 council homes can be transferred to a new landlord.
Without it, the entire transfer, which will lead to millions of pound of improvements to council houses, could fail.
Liverpool council will start talks with ministers tomorrow in the hope of getting hold of the money within the next few weeks.
Council officials today said they were confident they would get the money and hand over all their properties to new housing association Liverpool Mutual Homes (LMH).
But some councillors fear ministers will be put off by a series of problems blighting LMH.
Wavertree Labour MP Jane Kennedy has asked the government to investigate the recent walk-out of three senior managers.
The council will pay the £135m to LMH as a "dowry" so it can start paying for improvements suchas new kitchens, windows and central heating. LMH will then borrow the rest of the money it needs to bring homes up to 21st century standards.