Complex sentence: Manchester City Council transfered control of the majority of Hattersley's housing stock to Peak Vally Housing Associationin 2006, this will bring a £40 million, seven-year improvement plan for existing housing.
Split into simpler sentences: Manchester City Council transfered control of the majority of Hattersley's housing stock to Peak Vally Housing Association in 2006. The successful transfer will bring a £40 million, seven-year improvement plan for existing housing.