Home > Politics > ISIF funds may be targeted to ramp up housebuilding

ISIF funds may be targeted to ramp up housebuilding

Written by Robert McHugh, on 18th Sep 2017. Posted in Politics

article headline

The Irish Independent has reported this morning that ISIF – part of the NTMA – could pay for a ramp-up in housebuilding under draft proposals drawn up by Housing Minister circulated to the construction industry.
 
This comes after the government floated the idea last week that NAMA could be turned into a housebuilding agency. The article also reports that the document also proposes a radical overhaul of the state-owned lands saying government should actively match builders to sites it wants building done on.
 
Goodbody Stockbrokers believes the proposal under consideration is an attempt to try to make more private funding available for affordable housing. In a report this morning, Goodbody noted, "Whilst the focus of ISIF related proposal is social housing, the reports highlight that all angles are under consideration by the government as part of its Rebuilding Ireland document in order to encourage supply."

Source: www.businessworld.ie

More articles from Politics

image Description

Government launches €116bn Project Ireland 2040

Read more
image Description

Gerry Adams describes Brexit as disastrous for Ireland

Read more
image Description

Irish capital investment plan outlines €115bn spend over 10 years

Read more
image Description

Irish concerns over EU digital tax gaining wider support says Finance Minister

Read more
image Description

Irish public finances record strong start to the year

Read more