Bury St Edmunds firm Suffolk Housing Society could become subsidy of Norwich-based Flagship Group.
Housing associations Flagship Group and Suffolk Housing Society have announced that they are in talks to consider working in partnership.
Bury St Edmunds-based Suffolk Housing would potentially become a subsidiary of Norwich-based Flagship under plans.
In a joint statement today (Wednesday, May 22) the firms said talks are at an early stage.
The statement said 'the boards of both organisations have agreed that working together could generate more opportunities to invest in local communities'.
Carole Taylor-Brown, chairman of Suffolk Housing, said: “By pooling our experiences and resources we will make faster progress.
“Most encouragingly, Flagship appreciate the importance of continually improving services to residents and share our purpose to provide homes for those who need them most. By joining forces, we can create an enhanced offer for our customers as well as increased career development opportunities for colleagues.”
Peter Hawes, chairman of Flagship Group said: “We are in very early stages of talks, but we believe that by working together we can better meet the challenges faced by all housing associations to deliver more homes, better services and continue our strength for years to come."