Labour: We will build 18,000 homes in one year

That construction is to be funded by €16bn in cash held outside the annual spending budget in order to stay inside fiscal space guidelines.

The Labour Party would aim to build 18,000 homes in its first year in Government as an “acceptable” target, leader Brendan Howlin has said.

Speaking at the official launch of the party’s housing policy in Dublin, Mr Howlin reiterated his manifesto commitment to building 80,000 homes on public land over a five-year term. “We’ll build homes,” is Labour’s simple policy commitment.