| Project Detail |
The construction, operation and maintenance of 486 social housing units throughout Ireland to be financed and delivered by way of a public-private partnership (PPP) structure.
Objectives
The project will help address the current shortage of social housing in Ireland, which is attributable to a combination of factors including recent steady demographic growth and diminished public resources. This shortage has been documented in the Irish governments housing strategy, Housing for All 2021-2030, which aims to deliver 33,000 new housing units by 2030, including 10,000 new build social homes and 6,000 affordable homes in the period 2022-2030, and promotes a specific objective to increase the use of PPPs to deliver social housing. The project is intended to contribute to the achievement of this target in a manner designed to ensure cost-effectiveness and a high standard of construction and maintenance. The project is in line with the provisions of the 2022 Nice Declaration on Housing, the 2020 New Leipzig Charter, the EU Urban Agenda, and the EIB Urban Lending Review. Furthermore, it is aligned with the EU Energy Performance of Buildings Directive and with the Banks Energy Lending Policy for new buildings.
Sector(s)
Urban development - Construction
Proposed EIB finance (Approximate amount)
not disclosed
Total cost (Approximate amount)
not disclosed |
