€226m fund to facilitate building of 23,000 new homes

Local authorities will get over €226m to facilitate the building of 23,000 homes over the next four years, as part of a plan to provide infrastructure for the construction of properties.

Housing Minister Simon Coveney announced details of the Rebuilding Ireland plan, which will see 15 local authorities receive monies under the Local Infrastructure Housing Activation Fund, with the option of extending more to other councils down the line.

Mr Coveney said councils which do not stick to agreed targets would have monies removed.