05/10/2009

Wilson Says Housing Remains 'A Priority'

There has been an assurance that housing remains an Executive priority.

Despite well publicised economic economic gloom - and looming expenditure cuts - the NI Finance Minister Sammy Wilson told representatives of the Chartered Institute of Housing (CIH) that, where additional resources become available, housing needs will continue to be considered a key priority.

He was meeting the CIH representatives to discuss a range of issues currently facing the housing sector.

Speaking after the meeting, the Minister said: "The Chartered Institute of Housing plays an important role in shaping housing policy in Northern Ireland and I fully support their work in exploring and addressing the difficulties currently being faced in the housing sector.

"I was particularly interested to hear about the work of the Commission on the Future for Housing in Northern Ireland and I, along with the Housing Minister and other ministerial colleagues, look forward to the final report, which will seek to present an interlocking package of recommendations for the long term future of housing in Northern Ireland," he said.

However, the Minister cautioned that, during these times of financial constraints, any additional funding for social housing could be made available only by reducing capital investment in other areas, which would have a detrimental impact on the economy.

Mr Wilson continued: "The Executive has been working with the housing sector to alleviate pressures during these difficult times.

"Throughout 2008/09 the social housing budget was increased by £26.5million and approval was given for in-year reallocations amounting to £26million.

"I think that we need to consider ways of levering in more private sector finance in the longer term to ensure that we have a more sustainable future for funding housing provision, particularly in the rented sector, and I was pleased to hear the views of the Institute on this issue," he concluded.

(BMcC/KMcA)

Related Northern Ireland News Stories
Click here for the latest headlines.

06 August 2015
Crumlin Social Housing Scheme Opened
A new social housing scheme of three and four bedroom houses has been officially opened in Crumlin. The fourteen new homes for families on the social housing waiting list, is owned and managed by Habinteg Housing Association who funded the build, with support from the Department for Social Development.
01 August 2014
NI Property Market Continues To Recover – Report
More people are renting property as the Northern Ireland market continues to recover, a new report has said. According to landlord insurance specialists Find Insurance NI, the number of rental properties in the province continues to increase.
11 April 2018
Over 1,500 New 'Affordable' Homes Delivered
New figures have revealed more than 1,500 new social and 'affordable' homes were delivered by Northern Ireland's Housing Associations in 2017.
18 October 2021
New Intermediate Rent Proposed To Increase Housing Options
Communities Minister Deirdre Hargey has proposed a new affordable rent model in an effort to increase affordable housing options. A public consultation on the proposal looks at the introduction of Intermediate Rent. Launching the consultation, Minister Hargey said: "Access to housing is a fundamental right.
07 October 2021
Additional Funding Allocated To Deliver New Homes In NI
Additional funding of up to £15 million has been allocated to deliver new homes in Northern Ireland. Communities Minister Deirdre Hargey approved the funding to ensure stability in the social housing construction sector following recent volatility in the costs of materials.