"It's fantastic for Sunderland that the extra care housing programme is not only providing new homes for older people but also bringing with it a significant employment boost for the city.
"The creation of 350 new jobs is great news for our communities and our economy as well as being an excellent opportunity for local people."
More top news
Alan Barnes, the Gateshead man given £330,135 by well-wishers after being mugged, plans to sell his home to move to the Shetland Islands.
Higher breakfast sales and a bigger range of healthier products helped it grow underlying profits by 51% in the first half of the year.
Police in Gateshead are linking this morning's incidents in the Allerdene and Birtley areas.