O’Brien understood to be reluctant to sign off on new mica redress scheme if cap is set at less than €400k
Sources say the Housing Minister is also insisting that rental homes should be included
Darragh O’Brien, the Housing Minister, has told the Taoiseach he will not sign off on a new scheme for mica-affected homeowners if the grant is capped at less than €400,000, the Business Post understands.
Senior members of government are currently attempting to work out a revised redress programme for homeowners whose houses are damaged by mica or pyrite.
Paschal Donohoe, the Finance Minister, and Michael McGrath, the Minister for Public Expenditure,...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Reports Allianz has paused investment in Irish housing market are ‘misleading’
The company says it has made a number of real estate investments in Ireland and it would continue to do so
Less than 3% of country’s derelict sites acquired by councils in 2020
Most local authorities did not acquire any derelict sites last year
‘No justification’ to make building industry pay €800m towards mica scheme
Tom Parlon, director general of the Construction Industry Federation, said the organisation was exploring legal options if a new levy is introduced in the sector
Michael Brennan: €2.2 billion mica scheme a significant commitment from the state
Compensation programme is not everything that campaigners wanted but is €800 million more than recommended by the mica working group several weeks ago