Rising construction costs as seen as threatening the delivery of social housing schemes in the future. Photograph: iStock/GettyThe organisation that represents Approved Housing Bodies , whose members supply nearly half of new social housing, will warn the Oireachtas housing committee on Tuesday that rising construction costs threaten the delivery of social housing schemes in the future.
In an opening statement from council president Pat Doyle, who is also chief executive of the Peter McVerry Trust, the group will warn that construction inflation, allied to rising interest rates for loan finance, is a source of growing worry. In addition, it says, Approved Housing Bodies have delivered more than 40 per cent of all new social housing in recent years. Some of its members are also involved in the provision of cost-rental housing.
The committee will also be told that the approved housing bodies are seeing smaller builders, with whom many AHBs partner to deliver small housing schemes, being especially squeezed.
Social housing is a threat to affordable housing for working people. Adds 20% offf the bat.
There are 25 vacant and unoccupied homes in my tiny irish village. Refit them instead?
And water is wet
Property Property Latest News, Property Property Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: JOEdotie - 🏆 31. / 51 Read more »