National Development Finance Agency outlines €1bn spend to address housing shortage

The Government agency set up to help address the chronic shortage of housing, which is driving up home prices and rents, yesterday detailed its €1bn plan to build more social housing, schools and health clinics.

The National Development Finance Agency, NDFA, an offshoot of the sovereign debt-issuing National Treasury Management Agency, said that so-called public-private partnerships (PPPs) which tap public and private funding to finance infrastructure projects will again feature large in the new plan.

PPPs were used by Government to help put together transport and some social housing projects in the last few years before the crash here.