Housing subsidy to developers will do nothing to make homes more affordable, Dáil told

Tánaiste Leo Varadkar said there were ''very good signs' around the provision of housing in the coming months, with 25,000 new homes expected to be built this year. Picture: PA

A new housing subsidy will do nothing to make houses more affordable and instead amounts to a "big pay day" for developers, the Dáil has heard.

Tánaiste Leo Varadkar has strongly defended the €450m Croí Cónaithe scheme, which will provide up €144,000 per apartment to developers.