Housing bodies 'taking on too much debt' to build affordable and social homes

The Housing Alliance will also tell the Oireachtas committee that it requires access to affordable land

The Housing Alliance will tell the Oireachtas housing committee that Ireland is an outlier in Europe by asking approved housing bodies to take on the entirety of financing in loans. File picture: iStock

Ireland's largest housing bodies are taking on too much debt in order to build affordable and social housing, representatives will tell TDs and senators on Tuesday.

The Housing Alliance, which represents the six largest non-profit housing bodies in the country, will tell the Oireachtas housing committee that Ireland is an outlier in Europe by asking approved housing bodies (AHBs) to take on the entirety of financing in loans.