Co-operative housing to benefit from investment fund for social housing

The co-operative housing movement in Ireland will benefit from inclusion in a €300 million investment fund for social housing announced today.  The fund, which is backed by the European Investment Bank and Housing Finance Agency (HFA) will deliver an additional 2,000 units of social housing over the next three years.

 

NABCO, which has previously received HFA funding for new social housing at Camac Crescent co-operative in Inchicore, is one of a small group of Approved Housing Bodies that will receive funding from the scheme.  The national association for co-operative housing is pursuing a number of new-build housing developments in the Dublin area in response to pressing housing need.

 

The co-operative housing movement in Ireland has ambitious plans for growth in response to Government’s Social Housing Strategy 2015 – 2020.  In addition to new developments in the Dublin region, NABCO has recently announced a recruitment process for development managers in regional positions across Ireland.

 

In 2015, NABCO will open the first co-operative housing developments in counties Waterford and Wexford and will deliver additional stock in existing areas of operation.  The Association is also returning to support home-ownership co-operative housing and is working with groups in Dublin and Wicklow to develop new societies in those areas.

 

St Finians offers the ECCE (Free preschool year), CCS (supporting families on social welfare), CETS( for adults in Education) and also part time places in afternoon sessions for the younger child.

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