South Yorkshire Housing Association (SYHA) has entered into merger discussions with Places for People.
According to the organisation, the intention – subject to negotiations “progressing well” – is that SYHA will become a subsidiary of the Places for People (PfP) Group.
SYHA owns over 5,000 homes, including social housing, care and support properties, leasehold and shared ownership homes. The organisation also provide over 30 care, health and support contracts with strategic partners including local authorities and the South Yorkshire Mayoral Combined Authority, health and social care services, and national government.
Larry Gold, Chief Executive of South Yorkshire Housing Association, said: ”Our proposed partnership with Places for People will enable us to continue our 50+ year legacy providing high-quality homes and services.
“This is the right thing to do for our customers, communities, employees and partners, and the partnership will be hugely beneficial for Sheffield City Region. As we progress with our discussions, we will ensure that our customers are kept informed about the partnership and have the opportunity to share their views.”
Greg Reed, PfP’s group chief executive, added: ”South Yorkshire, and specifically Sheffield, is a core region for PfP and, like SYHA, we’ve been here for many years. Bringing our organisations together – pooling our skills and experience – will make us a greater force for good in the region, enabling us, under one group, to have a more significant impact, and further supporting the development of thriving communities. We’re excited about what we can achieve together, and we’ll provide an update on our conversations in due course.”
Places for People describes itself as a broad community-focused social enterprise It owns and manages 245,000 homes, including 74,000 for social rent.
Image credit: Pressmaster/Shutterstock
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