Bank denies halting loan bid over Fair Deal fund shortage
Architect John Phelan and developer Michael Ronan, who have been working on plans for a 73-bed private nursing home in Dingle for more than two years, claim they were told last Friday that a loan of almost€4 million from BoI was not going to be provided.
They maintain they were told this was down to financial difficulties in Fair Deal, a HSE scheme which funds nursing home care for the elderly.