The £22.5 million project involves building a new 11-storey apartment block comprising 108 'affordable' homes on Canon Green Drive in Trinity.
In addition, the ageing Canon Green Court tower block will be transformed and modernised, while the neighbouring Westminster House apartment block will undergo an external facelift.
The refurbishment at Canon Green Court, which was built during the 1960s, includes new kitchens, bathrooms, heating systems, sprinkler systems and exterior re-facing and insulation.
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Salix Homes will now appoint a contractor for the project and it is hoped work will start on site later this year.
Lee Sugden, Chief Executive at Salix Homes, said: "We are delighted that Salford Council has given the green light for our Canon Green Campus development – this is a proud moment for Salix Homes.
"At the time of a national housing crisis, this project will not only refurbish and modernise the homes of the existing residents, but it will also deliver desperately-needed new and affordable housing in Salford.
"We have worked incredibly closely with the existing residents to develop these proposals and we are confident our plans will deliver the essential improvement work they have been calling for and help create, safe and modern homes we can all be proud of for generations to come."
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