The first tenants have now moved into Barking and Dagenham's innovative 277-home Thames View East development.
Built by Jerram Falkus, the development is part of the council’s award-winning joint venture with Laing O’Rourke and institutional asset developer Long Harbour, which is providing a total of 478 homes for rent.
The properties, at Thames View East and Barking town centre's William Street Quarter, are available on a variety of rental tenures and are being managed by council-owned housing company Reside.
So far, 76 tenants have moved into Thames View East.
Borough housing lead Councillor Mick McCarthy said the new developments were evidence of the authority’s commitment to investing in new homes.
“As well as these Reside homes we have plans in the pipeline to build more than 1,000 new council homes in Barking and Dagenham,” he said.
“These homes are an important part of the solution to the housing crisis because they are aimed at local working people.”
Under the financial model created for the two new developments, Reside will manage the properties and ownership of the buildings will revert to Barking and Dagenham Council in 60 years time.
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