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Dublin Live
Dublin Live
National
Ruairi Scott Byrne

Housing crisis Ireland: Government 'will pay for building of affordable apartments'

Housing Darragh OBrien Thomas Flood

The Government is to look at financing the building of apartments where tenants would be offered affordable rents.

The Cabinet will this week consider a package aiming to reduce the cost of construction as well as increasing the pace at which derelict properties are renovated for new housing. The housing package follows on from advice the Housing Commission and the Taoiseach's Housing Summit gave to Government back in January, RTE News reports.

Housing Minister Darragh O’Brien will seek approval for new measures to incentivise developers to build homes and reduce the cost of construction. He said he wanted to expand the Croi Conaithe scheme which currently offers grants of €30,000 for vacant homes and €50,000 for derelict properties.

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