Minister Hargey said: "I am delighted to announce this £37m regeneration project for Upper New Lodge Belfast. This scheme will deliver high quality, affordable and sustainable homes.
"We have been working in collaboration with the local community to see this much needed project delivered. The area will be massively redeveloped and will see 123 new homes being built. I meant it when I said we need to build homes where they are needed."
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Minister Hargey explained: "The challenges in our housing system have been there for many years. That is why I am leading the biggest housing reform programme in over 50 years. I am driving forward to deliver housing options and solutions that our society needs, demands and deserves.
"This £37m investment in North Belfast is evidence that the transformation work will deliver for people, workers and their families."
This project will see the redevelopment of an area between Hillman Street and Stratheden Street. It will result in the construction of 123 new social homes. As part of the ambitious scheme, the Housing Executive will remove properties that have deteriorated for many years, to make way for new, high quality homes.
