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14/07/2016

Draft housing action plan commits to 45,000 new social homes by 2021 in Ireland

Words: Roger Milne
Housebuilding / iStock

A state fund to buy distressed properties from banks and a pledge to build 45,000 new social houses by 2021 are at the centre of the Irish Government’s much-anticipated plan to tackle the housing crisis, which is due to be published next week.

A draft copy of the plan, seen by The Irish Times, highlights proposals to build ‘mixed tenure’ housing on public land, to speed up the planning process for social housing and to establish a ‘procurement centre of excellence’ in the Housing Agency.

There is confirmation that among the measures aimed at kickstarting construction will be a €200 million local infrastructure housing activation fund to “relieve critical infrastructural blockages”.

In addition, local authorities would be empowered to pay developers upfront for Part V social housing, rather than wait to pay on delivery.

Image credit | iStock

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