Today (Monday 7th April) Red Kite Community Housing completed the purchase of 319 homes from Riverside Housing Group.
The homes, based on estates in Windsor and Maidenhead, are made up of general needs houses and flats and there is also an opportunity for us to develop some land in the future too.
Trevor Morrow, Red Kite’s Group Chief Executive, said:
“The homes have been the subject of a previous transfer from another housing association, so we want to ensure tenants feel confident they now have a long-term local landlord who wants to bring them into the heart of our community.
“The purchase of these homes offers us an excellent opportunity to grow by boosting the number of homes within Red Kite, thereby spreading our cost base.”