Budget 2016: Package addresses immediate crisis but fails to tackle housing shortage

NAMA still seen as a panacea to resolving Ireland’s house-building needs, Peter Stafford warns

Today’s Budget has focused on easing the immediate crisis of homelessness but neglected the wider issue of Ireland’s housing shortages.

Current spending on social housing has been increased by €69 million to €414 million.

Further, the previously announced social housing plan will make €500 million available this year to build or acquire new homes.

The Budget has also focused on delivering modular homes and a new €10m fund for social housing from the ...