A total of 108 flats and houses have been developed at Timber Basin on the banks of the Forth and Clyde Canal.
Built by CCG Scotland, the Panmure Street project marks the start of QCHA's 40th anniversary year.
Council Leader Frank McAveety said: "This is a fantastic development, offering a number of different types of new homes to a wide range of people, and helping the continued regeneration of the canal.
"We are currently supporting the building of thousands of new homes in the city, and are delighted to have worked with Queens Cross Housing Association on this project."
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QCHA Chief Executive said: "Timber Basin represents a large investment of high-quality, affordable homes in North West Glasgow.
"With a mix of flats and houses, including specially adapted properties, it has transformed a previously derelict site bringing a new lease of life to the area as well as to individual tenants and their families.
"We're delighted that Glasgow City Council supported us by approving Scottish Government grants of £6.5m."
Calum Murray, Director of CCG, added: "Panmure Street utilises the very latest off-site construction technology to enhance housing standards including a revolutionary, factory-finished brick exterior to replicate a traditional brick facade.
"This construction approach significantly reduces build time and delivers enhanced environmental efficiency standards to each home."
Timber Basin brings the number of new homes developed by the Association for rent or shared equity since 2011 to 490.
Work is also underway on two further developments: 68 flats on Leny Street and eight new build flats on Garscube Road.
(LM)
