New Infrastructure Fund To Help Unlock Housing Sites In Ireland
A fund just established by the government for small infrastructure projects could speed up the construction of some homes by two years, said housing minister Simon Coveney this week.
The new €200 million ‘local infrastructure fund’ should help progress sites for between 15,000 and 20,000 new houses and flats, insist ministers.
Councils in Dublin and in other areas of high housing demand would be able to use the fund to build small infrastructural projects, such as access roads, bridges and surface water management facilities.
Public expenditure minister Paschal Donohoe said: “We urgently need to take action to remove impediments to the supply of private housing so that we can make more rapid progress towards achieving our target output of 25,000 houses per annum to meet housing needs.
“The €200 million fund which we are establishing will help to activate existing planning permissions for large-scale housing developments and should facilitate in the region of 15,000 to 20,000 new houses and apartments.”
Property & Development Magazine is a market-leading group of media platforms, dedicated to the complete Residential Sector with a combined reach in excess of 50,000+ industry professionals. With the latest news, exemplar case studies, comment, interviews and feature articles from leading lights in the industry plus company spotlights and profiles, Property & Development aims to inform, inspire and spread best practice about all aspects of the residential sectors.
With a fresh and current approach, combined with the investments and inputs from our valued team, the magazine has attracted an engaged readership with subscribers including Management Level Executives and Key Decision Makers that is expanding week on week.
We offer a range of products and services across our platforms to best allow us to offer suitable marketing and exposure for all levels of companies and media partners. Please feel free to browse our Media Pack to see the options available or get in touch with a member of our team who will be more than happy to assist you.