I am pleased that Government funding will deliver 1700 new homes to the area.
The €25m in funding for Cork represents Fine Gael’s commitment in the Programme for Government to increase access to public infrastructure and enable more housing development.
Some 1700 houses will be built in Cork City and County by 2021, with the potential for 2630 houses to be built here in total in the long term.
Senator Buttimer said: “This funding will help deliver a strong mix of private, rental and social housing delivery at appropriate locations and create new and attractive local communities to live in at affordable prices and rents.
“We know there are housing and accommodation shortages in certain areas. Fine Gael is dedicated to improving the lives of families and children. Everyone has a right to a home and we are ensuring this is possible. We will continue this work throughout the 32nd Dáil.
“Together with other complementary and targeted measures under the Government’s Action Plan for Housing, the delivery of this housing in the next four years will have an extremely positive impact on the availability of housing in the short to medium term.
“Through the work undertaken, we are now making progress in recalibrating a sector that has faced enormous challenges in recent years. We are also making progress in delivering housing for those who need it.
“Today’s announcement of the Local Infrastructure Housing Activation projects signals what can be achieved from a collaborative approach involving local authorities, public bodies and housing providers, working together to maximize the impact on housing development and delivery from the focussed use of available public funds.”
Cork’s new funding represents an effective use of targeted funding to achieve real results for ordinary citizens.
Today’s announcement will lead to the delivery of 23,000 housing units nationally by 2021 and an overall figure of over 69,000 housing units in the next ten to fifteen years in areas where the shortage of supply is critical.
Senator Buttimer said: “Through the projects announced today under LIHAF, together with the completion of our review of the Government’s Capital Plan and the development of a new National Planning Framework later this year, we will see further sustainable progress being made to address our housing needs and accelerate our economic and social recovery”.
“This is a great example of “joined-up Government” and has acted as the trigger to draw both public and private partners together to leverage much wider public and private sector investment.”