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12/10/2018

Ireland’s housing’s Budget boost

Words: Roger Milne
Euros / Shutterstock_194311094

Housing was a significant beneficiary of Ireland’s 2019 Budget announced this week.

Finance minister Paschal Donohoe allocated an extra €30 million for homelessness services (bringing to €146 million the total for 2019) as well as €60 million extra in capital funding for additional emergency accommodation and €1.25 billion for the delivery of new social homes in 2019.

Next year’s housing budget has been increased by 25 per cent.

Housing and planning minister Eoghan Murphy insisted that this additional funding, which included a tripling of the serviced sites fund, would help to deliver 10,000 new council homes in 2019, an increase of 2,100 units compared with this year.

Donohoe is making €286 million available next year for new transport infrastructure such as the N4 Collooney to Castlebaldwin and the Dunkettle Interchange, as well as the completion of the runway overlay project at Knock airport.

Funding for tree planting and developing greenways has been increased, but there is no immediate increase in the carbon tax. However, Ireland will buy no more diesel buses after 2019.

Image credit | Shutterstock

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