Howlin: Govt to spend €2.2bn on social housing

Howlin: Govt to spend €2.2bn on social housing

The Expenditure Minister Brendan Howlin said the Government will spend €2.2bn on social housing units.

He said he expects that 2,500 social housing units will be built next year and up to 6,700 units by 2017.

It will consist of €1.5bn from the Exchequer between now and 2017 with €300m from public/private partnerships and €400m from "off balance sheet financial vehicle".

He said there will be €800m for the Social Housing bodies in 2015.

The Dáil also heard that an additional €10m will be provided for accomodation and related services for homeless persons, bringing the total to €55.5m next year.

Mr Howlin also announced a €210m rise in capital spending to €3.5bn which will rise in 2016 and 2017.

Gross current expenditure for 2015 will be €50bn, an increase of €429m on 2014's revised estimates.

More on this topic

Council predicts €10bn rise in national debt because of BudgetCouncil predicts €10bn rise in national debt because of Budget

Govt cut VAT on herbal teaGovt cut VAT on herbal tea

Bruton: Scrapping of 'Double Irish' provides certainty for companies

Taoiseach pledges two more years of tax cutsTaoiseach pledges two more years of tax cuts


More in this Section

Dublin-based Medtronic shares ventilator design to help in Covid-19 fightDublin-based Medtronic shares ventilator design to help in Covid-19 fight

Logistical issues could scupper the North's coronavirus field hospital plansLogistical issues could scupper the North's coronavirus field hospital plans

Clearly we're flattening the curve but we need more progress, say health expertsClearly we're flattening the curve but we need more progress, say health experts

Burglar assaulted woman with metal travel mug after being discovered in Cork home  Burglar assaulted woman with metal travel mug after being discovered in Cork home


Lifestyle

A daily structure is essential when working from home during the coronavirus crisis. But watch you don’t put too much pressure on yourself or your children, experts tell Helen O’CallaghanParenting during Coronavirus: How to get the balance right at home

More From The Irish Examiner