Minister for Housing and Planning, Jan O’Sullivan, TD, today launched a two year €68m local authority home building initiative.
The investment represents the first return to new mainstream local authority house building since the finance crisis began.
Speaking in Darndale in Dublin 17 at the launch of the programme Minister O’Sullivan stated, “Increasing both public and private housing supply is a priority for the Government. For the first time in many years I am pleased to announce the restart of a local authority mainstream house building programme.”
Over the next two years €68m will be invested across the country to build new social homes for families in need of housing. Here in Darndale €7.9m will be invested in Buttercup Park to build 35 new homes and improve the area for the residents.”
“The €68m initiative will see some 449 new homes built across the country in the next two years. It an important investment but, with a very strong demand for social housing, I am of the view that more resources need to be invested in social housing over the coming years to expand supply.”
“At present we are delivering approximately 5,000 new social homes each year through a variety of avenues including regeneration, direct construction, leasing and the securing of NAMA units. We are also supporting the not for profit housing sector as it expands its amount of social homes. This mix of supply from a range of sources is important to meet social housing demand.
“This €68m investment is just one of a number of Government-backed initiatives that are launching in 2014 and will provide high quality homes for families. These include:
- A €15m fund to bring back into use vacant local authority houses
- A €35m investment over 2014 and 2015 for housing for people with a disability, people without a home and the elderly
- A €30m investment in 2014 to improve the energy efficiency of local authority housing
- A €10m fund to kick start resolution on the remaining unfinished housing developments.
These are valuable programmes. Not only will they provide new or better housing for people, they will also create and sustain hundreds of jobs in the construction and green energy sectors.”
Minister O’Sullivan will launch the programme in Darndale, Dublin.
Buttercup in Darndale will see a €7.9m investment under the initiative which will produce 35 new homes.
The investment adds to a range of regeneration works that the Department of the Environment and Dublin City Council have undertaken in the area over recent years.