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Croi Conaithe

Housing

Green light for €450m state scheme subsidising private apartments

The Croí Cónaithe Cities scheme will provide builders with between €25,000 and €144,000 per unit
  • Paul O'Donoghue
  • February 6, 2023
Housing

Developers sign up for €144k in state subsidies to build private apartments

It is hoped the help for builders will allow them to deliver affordable housing
  • Killian Woods
  • January 29, 2023
Housing

Government's €450m subsidy for apartment developers still waiting for European Commission approval

The scheme, which proposes to pay developers €450 million to build apartment projects for purchase by individuals and families, not funds, was launched in 2021, but has been unable to proceed
  • Killian Woods
  • January 14, 2023
Housing

Experts raised questions over ‘ambitious’ €450m subsidised homes plan

Records reveal that property industry and banking sector lobbyists at a ‘stakeholder engagement meeting’ questioned the Croí Cónaithe scheme’s ‘ambitious’ timeline and raised concerns about overall demand for apartments
  • Killian Woods
  • June 25, 2022
Housing

No records kept of Croí Cónaithe meeting with industry lobbyists

Property industry and banks helped design the scheme, which gives developers subsidies of between €25,000 and €144,000 per unit to build apartments
  • Killian Woods
  • June 11, 2022
Economics

John Walsh: Influx of Ukrainian refugees shows why the government must intervene in the housing crisis

Serving as a safe haven for those fleeing Russia’s tyranny is the right thing to do and can bring economic benefits, but it’s heaping pressure on the government to address key structural deficiencies
  • John Walsh
  • June 10, 2022
Housing

Investment funds can buy unsold Croí Cónaithe apartments after one year

No provision has been made in controversial scheme to make developers sell unsold apartments to state or reduce prices
  • Killian Woods
  • May 28, 2022
Housing

Buyers can flip state-backed apartments and keep profits

New details of Croí Cónaithe scheme show that purchasers cannot be stopped from quickly reselling the homes with only a small clawback of the subsidy required
  • Killian Woods
  • May 21, 2022

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