Trust to distribute stg£7.7m to most deprived areas in NI

A trust has assumed responsibility for the International Fund for Ireland’s loans to economic regeneration projects in some of Northern Ireland’s most deprived areas, it was announced today.

Ulster Community Investment Trust will distribute stg£7.7m in IFI funds to a variety of projects, the chairman of the International Fund William T McCarter revealed in Moygashel today.