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National Development Plan centres on housing delivery
National Development Plan centres on housing delivery

RTÉ News​

time22-07-2025

  • Business
  • RTÉ News​

National Development Plan centres on housing delivery

Housing delivery is the centrepiece of the National Development Plan, boosting spending on housing infrastructure by over €40 billion over the next five years to address the chronic shortage of new homes. Excluding water, housing investment will be around €36 billion. €2 billion in equity funding is being provided to Uisce Éireann to enable the delivery of 300,000 additional homes between 2026 and 2030, with a further €2.5bn provided for large-scale water projects over the period. Meanwhile, €3.5bn is earmarked for electricity services and the energy grid. Funds will be invested in areas such as water supplies, sewage connections, as well as the grid - all of which are key roadblocks holding back housing delivery. In Dublin, local authorities have warned they may not be able to give planning for new homes in coming years, unless such deficits are addressed. However, despite the significant investment housing consultant and former CEO with Clúid Housing Fiona Cormican said that "unless we radically change the way we do things, we're not going to be able to spend that money in the time (2026-2030)." "When I say radically change the way we do things, we are very tied up," she said. "The whole system is tied up in bureaucracy, in low-level risk management, worrying about ticking boxes, procurement regulation an so." "Yes we have to be diligent with public money, however, if we don't allow people to make decisions and to move at a pace, we will not be able to spend this money and what money we do spend may not be spent wisely," Ms Cormican added. A lack of labour in the construction sector has been raised as a potential barrier to overcoming these infrastructure shortfalls. However, the Construction Industry Federation (CIF) has said the workforce capacity is in place to meet the requirements of the National Development Plan. CIF Director-General Hubert Fitzpatrick said: "If we look at patterns over the last couple of years, we see the domestic side of the industry not growing at the same pace as the export side. "We've seen many construction companies actually export labour abroad where they're able to see sight of a pipeline of projects. "With the publication of the plan today and the implementation of projects in a timely manner, that will enable the industry to plan ahead, and ensure it has the resources to deliver and get on with delivering the key infrastructure that this country needs in order to accommodate the growing housing crisis that we currently have in the country."

Applications for 28 long-term rental homes in Cork city now open
Applications for 28 long-term rental homes in Cork city now open

Irish Independent

time18-06-2025

  • Business
  • Irish Independent

Applications for 28 long-term rental homes in Cork city now open

The new Cost Rental homes are located in Longview, in the northside city suburb, and delivered by Clúid in partnership with Cork City Council. The rents for these homes will be up to 30% below the average for the area. Clúid opened applications for the next two weeks, which can be made up until 5pm on Wednesday, July 2. Interested applicants will be able to apply for one of the five brand new two-bed houses, with a rent of €1,340 per month, or one of the 23 three-bed houses with a rent of €1,479 per month. Clúid expects residents to begin getting their keys in late August. Interested parties need to register their interest online, via and upload supporting documentation to the online portal. Documents required include proof of identity, bank statements to prove household income, and employer and landlord references. Colin Byrne, head of affordable rental at Clúid Housing, said: 'We're delighted to be opening our third Cost Rental scheme in Cork City at Longview. Ballyvolane is a buzzing suburb, with a range of retail and leisure options, and Cork City Centre is easily accessible by public transport,' he said. 'We anticipate all these factors will lead to high levels of interest.' ADVERTISEMENT Learn more Mr Byrne recommended those interested in the housing to start the application process as soon as possible. The homes are near the schools and shops of Ballvolane, with Cork City and a range of employment hubs in close proximity. As well the landscaped green areas, play spaces and a new greenway within the scheme, residents can also enjoy the open space and amenities of Glen River Park, just a short walk away. Cost Rental homes is a new form of renting housing tenure in Ireland and are designed for people who do not qualify for social housing or other support like Housing Assistance Payment (HAP) but also struggle to rent in the open market. To be eligible for Cost Rental homes, applicants must be able to prove that their household income is below €59,000 per year, they do not receive housing support, they can afford the rent, they don't own a property already and the household is the correct size for the home. The Longview Cost Rental homes were delivered by Clúid in partnership with Cork City Council, and with the support of the Department of Housing, Heritage and Local Government, The Housing Agency and the Housing Finance Agency. The developer is Longview Estates Ltd. and the main contractor is Cork-based CField Construction.

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