Housing body could deliver 4k social and cost rental homes

Homes in the 32-unit cost rental development in Ballinglanna, near Glanmire, Cork, developed by Respond.

Housing body Respond said it could triple the number of social and cost rental homes it is building once it gets clarity on a new State funding initiative.

The approved housing body (AHB), which has almost 1,400 social housing units in construction, said it could ramp that up to 4,100 over the coming months, and deliver 900 units by Christmas 2024, once it gets details on how the State’s new Cost Rental Equity Loan (CREL) initiative will treat "exceptional costs' that may arise during the delivery of large housing projects.