Defective apartments: State to fund repairs for as many as 100,000 Celtic Tiger-era homes under Cabinet plans

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Cost to the exchequer is estimated to be between €1.5 billion and €2.5 billion

It is estimated that between 50 per cent and 80 per cent of apartments and duplexes constructed between 1991 and 2013, may be affected by one or more fire-safety, structural safety or water ingress defects.

He also added: “I have listened to calls from homeowner representative bodies, and I am glad to report that Government have approved the principle of allowing remediation costs already incurred or levied to be covered under the legacy defects scheme, within the scope and defined parameters of said scheme.The Constructions Defects Alliance strongly welcomed the Cabinet approval for the plans.

He also welcomed the decision to provide immediate support on a series of interim fire-safety measures as requested by the CDA and the Apartment Owners’ Network.

 

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How much had the incompetent regulation of Banks and Building / manufacture of concrete products cost the country in total under FFG? 😡😡😡😡

Cost to taxpayers! Because dodgy builders collided with corrupt public sector workers. All of whom profited and won’t pay a penny or suffer.

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Govt approves scheme to repair defective apartmentsMinister for Housing Darragh O'Brien said remediation work already completed, or currently under way, on apartments and duplexes will be covered by the scheme mrjamesob that’s the way to do it
Source: rtenews - 🏆 1. / 99 Read more »