Council house tenants in Merthyr Tydfil have voted to transfer their homes to a not-for-profit housing association, Community Housing Cymru said.
£69.5m will be spent improving homes in the area over the next five years, the housing association body said.
The result was 1,199 in favour of transferring to Merthyr Valleys Homes with 1,185 against.
Turnout for the vote was 57%, with 2,390 votes cast by post, phone, text and on the internet.
Article form the BBC.