March 4, 2021
News Property

Work to begin ‘immediately’ on 58 new social homes in Waterford city

Construction is about to begin on the development of 58 new social homes in Waterford city.

The development in Slievekeale is part of an overall contract awarded for 465 social housing units under ‘Bundle 2’ of PPP Programme announced by the Government.

‘Bundle 2’ consists of eight sites for the development of 465 social housing homes in Waterford, Cork, Clare, Galway, Kildare and Roscommon.

Housing Minister Eoghan Murphy said construction will get underway “immediately” and will take between 14-18 months to complete.

The minister said: “Today’s announcement represents an important milestone in the provision of social housing through the innovative Social Housing PPP programme, under which 534 social homes are already under construction.

“Firstly, I am delighted to announce that the second bundle of sites under this programme has reached Financial Close, with contracts being signed with the Torc Housing Partnership, who successfully tendered for this project.

“This will see the delivery of 465 homes across eight locations in five local authorities. Not only will these units help contribute to our national targets for social housing delivery under Rebuilding Ireland, but each development will form an important part of their associated communities, and will provide long-term secure homes for people across the country.”

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