Manningham Housing Association (MHA) has completed the purchase of 19 affordable homes at Daisy Fields, close to Bradford city centre.
The high quality properties, a mix of 2-bed and 3-bed units, were previously owned by Great Places Housing Group but have been managed by MHA since 2014.
They form part of a wider new build residential development of owner-occupied homes, six of MHA already own.
Daisy Fields is an attractive part of Bradford convenient to local schools, parks and recreational facilities.
70% of current residents are from Black, Asian and Minority Ethnic (BAME) communities.
Lee Bloomfield, MHA Chief Executive, said: “We are delighted to get this deal over the line following the culmination of a major re-financing process.
“Our day to day involvement with Daisy Fields tenants over the last eight years has allowed MHA to get to know everyone well, guaranteeing a seamless transition for everyone.
“We had been keen to purchase these 20 affordable homes after entering into a management agreement with Great Places.
“This is a major investment for Manningham Housing Association, underpinning our commitment to looking after the needs of individuals and families in Bradford and Keighley wanting to live in good homes at an affordable cost.”
Barrington Billings, MHA Chair, said: “This acquisition cements our commitment to Daisy Fields residents.
“It also increases available security in which to further develop new stock, allowing the association to make further progress in addressing the demand for our properties and for MHA to be the landlord of choice.
“In Great Places, Bradford district lost a highly regarded registered housing provider with Homes England strategic partner status at a time when the demand for new affordable properties has never been higher.
“As a Board, MHA is more determined than ever to work with key partners including Bradford Council to deliver more homes for social minority groups in Bradford and Keighley who are most at risk from the unfolding cost of living crisis.”
Mandy, a Daisy Fields tenant, said: “Manningham Housing Association caters for all different types of families and treats everybody the same and are very efficient in what they do and the services are good.
“They listen to their tenants and this shows through their actions, for example their feedback magazines and events they carry out.
“I am satisfied with Manningham Housing Association becoming our new landlord.”
Malika, also a Daisy Fields tenant, said: “I am glad to become a Manningham Housing Association tenant as it is closer to my area and the office acts as a hub in the city centre. We can walk into the reception now with it being open.
“I am also glad about having the same neighbourhood officers looking out for me.”