Minister for Housing and Urban Renewal, Noel Ahern TD, has announced that €1.013bn will be allocated go towards the provision of local authority housing in 2007.
He said the allocation of over E1bn for the provision of local authority housing provides for work in progress on over 8,300 housing units and for authorities to complete construction and acquire 5,500 houses this year including new dwellings completed under regeneration projects.
Minister Ahern said the funding was the highest ever allocated for the main local authority housing construction and acquisition programme.
" I would anticipate that some 7,000 housing units should be started or acquired by local authorities in 2007 including new units provided in regeneration projects," he said.