Home > Ireland > Minister Coveney’s plans to fast-track the delivery of 30,000 homes

Minister Coveney’s plans to fast-track the delivery of 30,000 homes

Written by Robert McHugh, on 10th Nov 2016. Posted in Ireland

article headline

The Minister for Housing, Planning and Local Government, Simon Coveney, has today vowed to fast-track the delivery of 30,000 new homes in urban centres across the country.

The Minister made the remarks at the Society of Chartered Surveyors Ireland (SCSI) Annual Conference in Dublin today.

SCSI say they “broadly welcome” the latest announcement but they warn that the intention must be backed up with the provision of increased manpower in local authorities and An Bord Pleanala to meet the potential increase in large scheme applications.
 
Reacting to the announcement from the SCSI’s Annual Conference in Dublin today, President of the SCSI, Claire Solon said, "We welcome and support the latest actions announced by the Minister to help stimulate the housing market in key areas of demand in an effort to address the lack of supply. In particular we welcome the fast-tracking of residential housing schemes and the identification of significant land holdings for potential development."

She added, "Availability of development finance at affordable levels to fund these projects is also key to ensuring the delivery of the Minister’s proposals. Government has no choice but to get involved in the provision of finance in a more significant way if they are looking for quick solutions. It’s done in other countries, particularly after significant downturns and we need to adopt this approach here."

Source: www.businessworld.ie

More articles from Ireland

image Description

Ireland raises €3bn from 'milestone' AIB share sale

Read more
image Description

Lord Mayor launches Dublin Living Wage Initiative

Read more
image Description

Beverages account for 50% of Irish exports to US

Read more
image Description

Dublin is 2nd most expensive city in Eurozone for expats to live

Read more