Nearly €1bn to be spent on Cork housing and infrastructure projects

In total, €998.06m is to be spent on projects, the biggest being housing (€406.21m) and roads (€380.42m)

The council aims to use its housing budget to build affordable homes and social housing, and purchase homes from private owners and developers. File picture: Larry Cummins

Nearly €1bn is to be spent on major housing and infrastructure projects between now and 2023 in Co Cork.

Some of it is being delivered due to an innovative deal the county council made to borrow money directly from Europe.