THE Government will pump €10m into a scheme aimed at completing ghost estates in a bid to heal the scars of the economic collapse.
Just days after a separate €10m was earmarked for the refurbishment of the condemned Priory Hall apartment complex, Public Expenditure Minister Brendan Howlin confirmed the further housing initiatives.
"The last six years has left both emotional and physical scars on this country," said Mr Howlin. "Nowhere is this problem more acute than in the area of housing."
He described the saga of Priory Hall – the condemned north-Dublin firetrap estate – as "a particular blot on the national psyche".
He said junior minister for housing Jan O'Sullivan will announce a new unfinished housing estate resolution scheme, for which €10m has been allocated.
Another €30m, from money raised by the lottery licence, will be used to kickstart the house building programme.
"This will facilitate up to 500 additional housing units between a small number of new builds and the return of previously uninhabitable units to the housing stock," Mr Howlin said.
The Priory Hall deal announced last week provides for a €10m refurbishment of the apartments over the next two years, and the complex will also be renamed.
Under a deal with 59 families who lived in Priory Hall, Dublin City Council will take ownership of their properties. It will take on their mortgages and any other liabilities related to the properties.