Government-backed finance agency approves funding for development of over 500 new homes

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Government-backed finance agency approves funding for over 500 new homes

Image: Eamonn Farrell/RollingNews.ie Image: Eamonn Farrell/RollingNews.ie THE NEW GOVERNMENT-BACKED housing finance agency has approved over €100m in funding for the construction of more than 500 homes.

In an update published today, the company said it has approved €102m in funding to facilitate the delivery of 513 new homes in developments ranging from 10 to 76 units so far this year. The company also said that it has capacity to fund the delivery of up to 7,500 homes over a five-year period. “We have plans to support big and small developments wherever demand for new homes exists and we will continue to build on the excellent engagement that HBFI has had with the market to date,” she said.

 

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200k a house, so are they going to sell for 400k ? they better be fire shutted ?

200k per house finance. Track record of CEO Deering CIF, EBS from building society to bailed out lunatic finance bank then KBC (strokestown). What can go wrong?

State?

How many will have foreigners end up living in them? 40%? More?

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