Government launches scheme worth almost half a billion euro to kickstart apartment construction

The Government has gone to tender for a scheme worth almost half a billion euro in funding to developers to build new apartment blocks in Irish cities. The Croí Cónaithe scheme is making €450m available with the aim of delivering 5,000 new apartments in Dublin, Cork, Limerick, Galway, and Waterford. Under the Government’s Housing for All plan, this scheme aims to kickstart the construction on some of the 80,000 to 90,000 uncommenced apartments with planning permission in Irish cities – it wants these apartments to be delivered in 2026 or 2027. Read the full story here.