Friday 25 May 2018

Paul Melia: No deals have been finalised - despite all the cash on offer

The point of the Lihaf was to unlock landbanks for housing which would otherwise remain undeveloped. Stock Image: PA
The point of the Lihaf was to unlock landbanks for housing which would otherwise remain undeveloped. Stock Image: PA
Paul Melia

Paul Melia

Two questions arise in relation to the €225m Local Infrastructure Housing Activation Fund (Lihaf).

The first: why have no deals been finalised in relation to affordable housing to allow the money be drawn down?

The fund was announced in August last year, submissions were invited by the following October where details of affordability were to be set out, and the monies were allocated late last March. Why the delay?

Please sign in or register with Independent.ie for free access to Opinions.

Sign In

Today's news headlines, directly to your inbox every morning.

Don't Miss