independent

Monday 20 May 2019

Budget will deliver on new homes

BUDGET 2015 will provide jobs and will begin to tackle the housing crisis, according to the Minister for Children and local TD, James Reilly.

Minister James Reilly has said the Government's plan for 'a fully functioning property market and affordable housing will provide homes and jobs in Dublin North'. Minister Reilly said: #Minister Noonan has unveiled innovative measures in Budget 2015 to improve the supply of affordable housing options.

'The Home Renovation Incentive has been very successful to date with €190 million of works involving 3,000 contractors carried out to date. The Incentive is generating employment in the tax compliant construction sector and increasing sales in building supplies, hardware and related businesses.'

'The extension of the Home Renovation Incentive to rental properties whose owners are liable for income tax will help to upgrade the quality of private rental stock in Fingal.'

The minister added: 'The Government will also work to significantly increase the provision of social housing with a view to providing 10,000 social housing units by 2018.

'These will be funded by a mixture of exchequer funding, and public private partnerships. This programme of innovation and investment will provide affordable homes and employment in North Dublin.'

On jobs and investment, the minister said: 'This Budget is looking at jobs from two angles; measures announced today will see incentives for foreign direct investment, as well as the introduction of further support for start-ups. The measure announced will support inward investment and continue job creation, in particular for start-ups and SMEs.'

He said: 'This Budget will help to ensure that the people of Dublin North see the improvements in their everyday lives.'

Fingal Independent

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