233 Social and Affordable Houses and Apartments

Monday, December 15, 2008

With most experts estimating the empty housing stock in Ireland at over 100,000 and rising one would expect our housing agencies and local authorities to tap into this to provide for their needs. This is especially so in Dublin 15 where the stock of empty units is so much higher than the national average.

In spite of all this the Government' housing agency NABCO have just been signed contracts to construct 234 Social and Affordable Houses on a site provided by Fingal County Council at Tyrrelstown Road (on left of the new road to Clonee). The value of the contract is €55.5 million - an average of €237,000 per unit excluding the site cost. It's quite possible that once completed these houses and apartments will be more expensive than many in the locality. Fingal County Council have loaned NABCO some €39m for the project.

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