Credit unions can invest €1bn in social housing through pioneering fund

Twenty-three credit unions with €35 million to invest have joined the first credit union-backed housing fund, which will target social housing developments

The total cost of the Aderrig Square. development amounted to €11.1 million, with an average apartment cost of just under €300,000. The project received €8.2 million in funding from the CU AHB, with additional support from CALF