Six biggest housing bodies have assets of €2.8 billion
Long-term loans from the state to Approved Housing Bodies cover about 30 per cent of the cost of new builds
The country’s six biggest affordable housing bodies (AHBs) have doubled their fixed assets to €2.8 billion in the space of five years, according to new figures compiled by the Business Post.
The rise has been driven by the state’s increasing reliance on these non-profit charities to provide new social and affordable housing.
In total, Clúid, Respond, Tuath, Oaklee Housing, Circle Voluntary Housing Association and Co-operative Housing Ireland, are responsible for more than 20,000 social homes ...