South Lakeland council housing stock transfer complete
Housing stock in south Cumbria has been officially transferred from council control to a housing association.
South Lakeland District Council canvassed the views of tenants after it found rental revenue no longer covered maintenance and improvement costs.
They gave the move the thumbs up, and the homes have now been taken over by South Lakeland Housing, a not-for-profit organisation.
The transfer will trigger the start of a £38m investment programme.
Councillor Peter Thornton, the district council's portfolio holder for housing, said: "An overwhelming majority of tenants voted in favour of the transfer.
"I am already looking forward to seeing the results of the investment and the improvements that are planned, and the possibilities of building new affordable homes."