Taoiseach Leo Varadkar Checks Progress on Tuath’s Social Housing Development in Dundalk - Construction Network Ireland - Construction Network Ireland

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Published in Construction on 04/03/2019

Taoiseach Leo Varadkar Checks Progress on Tuath’s Social Housing Development in Dundalk

CNI Editor reports

Dundoogan, Haynestown is a planned 1100 home development, 112 of which Tuath are acquiring for social housing in collaboration with the Department of Housing, Louth County Council and developer, Cannon Kirk Ltd. The first phase of 26 homes are due to be handed over this month with the remaining 86 homes ready for occupation by early 2020.

The total cost of the 112 social homes is circa €27 million, which, when completed, will consist of 40 two bed houses, 66 three bed houses and 6 four bed houses. All tenants to be housed are from Louth County Council’s housing list.

The legal, financial and management framework for Dundoogan was agreed between Louth County Council, Túath and Cannon Kirk Ltd. Tuath’s purchase is being funded by a combination of CALF (Capital Advanced Leasing Facility) from the Department of Housing and competitive loan finance on a fixed term of 25 years from the Housing Finance Agency / European Investment Bank.

Speaking at the launch, Tùath Housing’s Chairman, Eamon Gavigan said, “Dundoogan, is an excellent example of collaboration in action and it is testament to government and stakeholder commitment to Re-Building Ireland for the benefit of local communities. Cannon Kirk commenced on site in September 2018 and have worked closely and speedily with Túath to ensure delivery of high-quality homes in a timely manner”

Housing is as important a piece of infrastructure as our roads, railways, schools and hospitals. Meeting the housing needs of citizens is a massive challenge requiring joined up thinking and collaboration. Túath will not be found wanting and we intend to play our part to deliver more social homes in the years ahead via partnerships with the private and public sectors. It is essential that ordinary people, the elderly and those with special needs who can no longer afford to buy or rent in the open market are given hope that they will be able to secure a place they really can call home.

This project is a great example of what can be achieved from a proactive partnership between developers, local authorities and Approved Housing Bodies.