Housing

Cost of faulty block redress to rise by €500m as scheme to be extended to Limerick and Clare

Cabinet is expected to approve a plan to include two new counties in a scheme that currently only covers homes in Donegal and Mayo, in a move that could push the costs of the programme above €2.7bn

Campaigners have been calling for a full scheme of redress for years. Picture: Rollingnews.ie

The government is drawing up a new plan to extend the defective block redress scheme to two more counties, Limerick and Clare, in a move that will swell the cost of the programme by more than half a billion euro, the Business Post has learned.

At a meeting next Tuesday, cabinet is expected to agree on a plan to include Limerick and Clare in forthcoming legislation to underpin the scheme. The scheme, which provides affected ...