Government plans to spend €68m on social housing
Published 12/03/2014 | 02:30
THE Government is to spend €68m over the next two years building local authority homes and upgrading existing stock.
Housing Minister Jan O'Sullivan said the funding would help provide new construction jobs, but also give people a home to call their own.
This will be the first investment in new homes under the social housing programme since the collapse of the economy, and will result in the construction of 449 units.
Speaking at yesterday's launch in Darndale, in Dublin, Ms O'Sullivan said increasing the supply of housing for those on waiting lists was a "priority" for the Government.
"For the first time in many years I am pleased to announce the restart of a local authority mainstream house building programme," she said.
"Over the next two years €68m will be invested across the country to build new social homes for families in need of housing.
"Some 449 new homes will be built.
"It is an important investment but, with a very strong demand for social housing, I am of the view that more resources need to be invested in social housing over the coming years to expand supply."
The Government is taking delivery of 5,000 new social homes every year through regeneration and upgrading existing stock, leasing and securing units from NAMA.
The not-for-profit housing sector is also increasing the number of homes it is providing.
The highest allocation will be made to Dublin City Council which receives €10.5m to build 44 homes in Darndale and Ballybough, also Dublin.
Cork City Council receives €5.11m for 31 homes in the city, while Fingal in Dublin will be given €4.75m.
The lowest payment to Roscommon County Council at €147,625, to build one unit at Mullymux.