Since formation in 2001 DVRC
has invested more than PS150 million, creating over 1,300 homes - around a quarter of which are for shared ownership or affordable rent.
Carl Marshall, chair of DVRC
, said: "This is the partnership's first development in Seaham and it demonstrates our commitment to delivering a range of housing schemes with a focus on regenerating local communities.
However, a DVRC
spokesman has said no final decisions have been taken and there will be further consultation within the next few weeks.
Managing director of Keepmoat Homes North East, Richard Bass, said: "The DVRC partnership has allowed the council to unlock the potential of land and property assets and kick-start economic and social revival.
COMMUNITY ASSET The striking new Freeman's Quay swimming pool - funded by DVRC - is off to a flying start.
City of Durham Council leader and DVRC
chairman Coun Fraser Reynolds said: "This continues the drive to provide affordable homes in Durham which is allowing people to stay in the local community.
DVRC has provided pounds 720,000 towards this venture which was identified as a community priority during local consultation on the Bowburn and Parkhill Master Plan.
That's what DVRC projects offer and that's why the partnership has been so successful.
, a partnership between Keepmoat and the City of Durham Council, is delivering a pounds 100m regeneration programme in former pit villages.
spokesman said the company held public exhibitions and consulted widely on the plan.
But a spokeswoman for Durham City Council said: "The city council has a policy to address affordable housing and its partnership with Durham Villages Regeneration Company is part of a strategy that is designed to deliver that policy as it has done consistently with DVRC
and the Durham Housing Partnership, over the last 10 years.
mission to Empower Victims and Engage the Community to Break the Cycle of Domestic Violence.