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14/12/2017

Bank investment boosts rural social housing in Northern Ireland

Words: Roger Milne
Costs / Shutterstock_195196565

Omagh-based social housing developer the Rural Housing Association is set to create 287 homes following a £13 million investment supported by Danske Bank.

A number of sites and properties have already been purchased.

Stephen Fisher, the chief executive of the housing association, said: “Our focus is on delivering affordable homes to rural areas with a population of less than 5,000. Acquiring the land to develop is the most challenging part of our work.

“There is a big demand for family housing, with the gap between supply and demand still a major concern. These new homes will be a mix of two and three-bed properties.”

Fisher said the investment would mean the association would be able to deliver affordable housing in rural areas for the next five years.

Image credit | Shutterstock

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