Cork County Council earmarks €326m for housing

Cork County Council has unveiled an ambitious €723m plan for housing, roads, and other major projects which it proposes to undertake up to 2020.

The local authority has made the provision of new social housing its biggest priority, earmarking €326m to build houses, lease properties, or purchase finished units directly from property developers.

Around €72m of that has been set aside for the acquisition of single housing units.