'Unprecedented' housing budget is 'highest ever in the history of the State'

Housing Minister Darragh O’Brien said the capital funding would 'ensure we can continue to deliver new affordable homes for purchase and rent at pace'

Almost €7bn will be available to the Department of Housing, including €2.6bn for capital spending. Additional investment from the Land Development Agency and Housing Finance Agency lending will see the overall capital available up to €5bn. Picture: Dan Linehan

Just over €5bn will be available for capital spending next year as part of an “unprecedented” housing budget, Minister for Housing Darragh O’Brien has said.

Almost €7bn will be available to the Department of Housing, including €2.6bn for capital spending. Additional investment from the Land Development Agency and Housing Finance Agency lending will see the overall capital available up to €5bn.