Some 1,700 homes to be built as part of €312m social housing programme
Published 05/05/2015 | 10:00
Some 1,700 homes are set to be built by as part of a new €312m social housing programme, it has been announced today.
The projects, applicable in every local authority area in the country, aim to be completed by 2017.
Today's announcement comes on the back of last year's strategy dedication from Minister for the Environment, Community and Local Government Alan Kelly.
The €312m injection is the first phase of that plan which is expected to create up to 300 jobs in the construction phase.
Some €1.5bn investment into social housing by 2017 has been committed by Minister Kelly in order to reduce waiting lists.
The announcement follows a new report that the number of home repossession orders made by the courts has soared more than 500pc since last year.
New figures from the Courts Service show 586 repossession orders were made by the Circuit Court in the first quarter of 2015, compared to 95 in the first quarter of 2014.
Almost 400 of the orders were for primary homes, and almost 100 were for buy-to-lets, the figures obtained by The Irish Times show.