Construction News

02/05/2008

€1bn Allocated For Regeneration Projects

Around €1 billion of Government money will be set aside for social housing, it has been announced today.

The Minister of State for Housing, Urban Renewal and Developing Areas, Batt O'Keefe revealed the money will go towards a number of regeneration projects.

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These include €65m to regenerate Ballymun, €15m in Cork City, €13m on the Limerick Regeneration programme and €7.5m on Sligo Borough Council's Cranmore project.

The Department of the Environment, Heritage and Local Government says that over 13,000 social and affordable houses were also completed last year.

Of these, just over 9,500 social housing units and more than 3,500 were affordable units.

(JM)

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