Wednesday June 3, 2020

Builders to get hundreds of millions in state loans

Home Building Finance Ireland hopes to kick-start projects that may have been stalled by the banks pulling funding

Ian Guider

Markets Editor

@ianguider
10th May, 2020
To ensure large housing developments are funded, the agency said it would more than double its maximum loans

The state’s building finance agency is to step in with hundreds of millions of euro in loans to developers to kick-start construction projects that may have been stalled by banks withdrawing funding.

The Home Building Finance Ireland agency said that it was changing the terms of its funding to allow a larger range of builders to access loans, while the size of loans available will also change.

The move by the agency comes...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Two-metre rule and 14-day entry quarantine to remain for now. Ministers eager to scrap travel limit and allow return of staycations

Michael Brennan | 3 days ago

Elderly now required to isolate for 14 days inside care homes once discharged from hospital

Susan Mitchell | 3 days ago

Seasonal staff have been an indispensable part of Irish food production for over 25 years, but they’re often living on site with little in the way of rights

Ella McSweeney | 3 days ago