Social housing applicants to get 60% discount

A HOUSING initiative to be launched today will see social housing applicants and tenants able to buy new houses at discounts of up to 60%.

The Incremental Purchase Scheme will allow approved housing organisations tooffer new houses for sale for the first time ever.

Social housing tenants and persons who have beenassessed as having a housing need will be able to avail of discounts ranging from 40% to 60% of the total cost of a new home depending on income.