Housing Finance Agency approvals increase by 200% in first six months of 2024

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Housing-Finance-Agency Nouvelles

Housing-Crisis

Agency provides loans to approved housing bodies and local authorities to build social and affordable homes

The Housing Finance Agency has said that a total of €861.5 million was sanctioned to facilitate the delivery of a planned 3,194 new homes between January and June this year. Photograph: iStock

The HFA said the figures included approved loans to support the building of 653 cost rental homes, with financing of €132.5 million. The new data was published on Wednesday to coincide with the publication of the agency’s 2023 annual report. Fergal O’Riagáin, the HFA’s new chief executive, said that 2023 had been “another significant year of lending with €1.2 billion advanced to customers to help the delivery of 3,796 new homes”.

 

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