Housing plan ‘must not leave borrowers broke’

The chairwoman of the Housing Finance Agency is warning that the Government’s pending plan for new affordable housing schemes must not leave borrowers broke and in arrears.

Michelle Norris also warned against the Government allowing home and apartment standards to be lowered in order to help developers build.

In an interview with the Irish Examiner, Ms Norris outlined the work of the State agency and how significantly more social housing building is needed to help resolve the housing crisis.