#Budget19: Extra funds to build and buy social housing

An extra 10,000 council homes are to be added to the social housing supply next year through a combination of new builds, purchases, and long-term leasing — despite criticisms that leases should not count as additional stock, writes Caroline O’Doherty

Both local authorities and non-profit housing bodies will be involved in providing the additional housing, with some of the purchases of existing homes to be made from banks in possession of vacant dwellings.