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

Darragh O’Brien, Minister for Housing, and Bob Jordan, chief executive of the Housing Agency, promote the Croí Cónaithe Cities scheme, which aims to deliver 5,000 apartments for sale to individuals by 2026