Construction News

19/02/2015

ICSH Welcomes Social Housing Investment

The announcement that an additional 2,000 units will be delivered in Ireland over the next three years has been welcomed by the Irish Council for Social Housing (ICSH).

CEO of the ICSH, Donal McManus, said access to low cost, long term finance is a key component for housing associations to increase the delivery of social housing.

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Mr Mc Manus said: "The ICSH had sought such a facility for the sector and this finance, offered at a 25 year fixed rate, will enable housing associations to access the necessary funds to achieve their ambitious development plans for upgrade and delivery of social housing to those most in need."

(CD/IT)

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