Durham County Council is set to transfer ownership of its housing stock following a positive ballot of residents.
The council is due to approve the transfer of its social housing to the County Durham Housing Group after 82% of residents who took part in the ballot voting in favour of the transfer.
Cllr Eddie Tomlinson, cabinet member for housing, said: ‘The council has always believed that the future of its homes should lie in the hands of its tenants, and over the last two years has worked hard to provide the facts about what transfer could mean.
‘This result highlights that tenants have been able to make an informed decision for the future of their homes, which the council firmly believes is in their best interests and that of local communities across the county.’
The Housing Group, which is made up of Dale & Valley Homes, Durham City Homes and East Durham Homes, will invest more than £800m over the next 30 years and will build 700 new homes within the next 10 years.
