South Yorkshire Housing Association and Places for People are in merger discussions, with the former becoming a subsidiary of the latter.
The association owns over 5,000 homes, including social housing, care and support properties, leasehold and shared ownership homes.
The properties are based in South Yorkshire, North and West Yorkshire, Derbyshire and Nottinghamshire.
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.”
Places for People is a fellow non-profit, which builds and manages homes.
Greg Reed, group chief executive officer of Places for People, said: ”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.”
