A further €100 million was spent on various Government housing initiatives, including the recently introduced First Home scheme, which aims to bridge the affordability gap for first-time buyers, while an additional €51 million was spent on housing projects by the Land Development Agency .
The figures were obtained in response to parliamentary queries by Sinn Féin housing spokesman Eoin Ó Broin. “This resulted in delays in the pace of project completion due to the need to address the negative impacts on construction cost inflation, energy and fuel prices and supply-chain issues etc,” he said.However, Mr Ó Broin said Minister for Housing Darragh O’Brien has repeatedly claimed that €4 billion of capital funding was spent on social and affordable homes last year, including Government voted expenditure, loans to AHBs and LDA expenditure.
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: businessposthq - 🏆 8. / 71 Read more »