€11m loan to repair 1,200 council homes

More than 1,200 local authority homes in Cork city are set for repairs and upgrades after council officials were cleared to apply for an €11m loan.

If sanctioned, the money from the Housing Finance Agency will also allow Cork City Council to take in charge 34 local authority housing estates, benefitting some 4,600 residents.

The move to apply for the loan was cleared by city councillors at Monday’s council meeting.