Menu
16/05/2012
Executive Delivers Housing Targets
Social Development Minister Nelson McCausland has released the 2011/12 out turn figures for new build social and affordable homes.
Two thousand and fifty three new home starts have been delivered in 2011/12, keeping the Programme for Government target firmly on track and realising an overall investment of more than £230 million in towns and villages across Northern Ireland.
Minister McCausland said: "When I took up this post just about a year ago, the financial environment was quite unprecedented and certainly presented challenges. I am delighted that we have managed to do what we set out to do and more, and I commend the work of Housing Associations in levering private finance to help us achieve this goal.
"In particular, this year has seen a rise of almost 30% in take up of co-ownership housing. Co-ownership offers a real opportunity to help those wanting to own their own home, in particular supporting first time buyers. In October last year the Executive allocated additional funding and it is encouraging that lenders are matching that and working in partnership with Housing Associations to offer a much needed economic boost.
"We already know that every £1million spent on new house building supports seven direct and five indirect jobs for a year. Based on the £233million invested, that equates to almost 2,800 jobs created or sustained."
In addition, almost 20,000 maintenance schemes worth £65million have begun, the highest number since 2005/6.
(CD/GK)
Two thousand and fifty three new home starts have been delivered in 2011/12, keeping the Programme for Government target firmly on track and realising an overall investment of more than £230 million in towns and villages across Northern Ireland.
Minister McCausland said: "When I took up this post just about a year ago, the financial environment was quite unprecedented and certainly presented challenges. I am delighted that we have managed to do what we set out to do and more, and I commend the work of Housing Associations in levering private finance to help us achieve this goal.
"In particular, this year has seen a rise of almost 30% in take up of co-ownership housing. Co-ownership offers a real opportunity to help those wanting to own their own home, in particular supporting first time buyers. In October last year the Executive allocated additional funding and it is encouraging that lenders are matching that and working in partnership with Housing Associations to offer a much needed economic boost.
"We already know that every £1million spent on new house building supports seven direct and five indirect jobs for a year. Based on the £233million invested, that equates to almost 2,800 jobs created or sustained."
In addition, almost 20,000 maintenance schemes worth £65million have begun, the highest number since 2005/6.
(CD/GK)
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.
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.
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.
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.
16 December 2011
Social Housing Project Boosts Builders
There was a pre-Christmas boost on housing this week with the keys being handed over to residents in one of Northern Ireland's biggest social housing developments to date.
Social Housing Project Boosts Builders
There was a pre-Christmas boost on housing this week with the keys being handed over to residents in one of Northern Ireland's biggest social housing developments to date.
14 December 2009
Brewery To Become New Homes
A new £25m housing scheme has been approved for the old Bass Brewery in west Belfast. Some 166 new homes will be built in what is being billed as one of the largest social housing schemes undertaken in Northern Ireland. It will also create much needed employment - with some 200 on-site jobs boosting the beleaguered construction industry.
Brewery To Become New Homes
A new £25m housing scheme has been approved for the old Bass Brewery in west Belfast. Some 166 new homes will be built in what is being billed as one of the largest social housing schemes undertaken in Northern Ireland. It will also create much needed employment - with some 200 on-site jobs boosting the beleaguered construction industry.
11 December 2001
Dodds announces £4 million housing scheme
The Minister for Social Development Nigel Dodds has unveiled a £4 million housing development which will provide 40 new homes for the people of the New Lodge area in north Belfast.
Dodds announces £4 million housing scheme
The Minister for Social Development Nigel Dodds has unveiled a £4 million housing development which will provide 40 new homes for the people of the New Lodge area in north Belfast.
-
Northern Ireland WeatherToday:Staying cold. Any freezing fog that has formed overnight will slowly thin and disperse during the morning. Otherwise dry and bright much of the day with perhaps the odd coastal shower in the north and east. Maximum temperature 4 °C.Tonight:Dry at first with cloud thickening from the south through the evening. The odd shower, wintry over high ground, over northern counties, becoming more persistent rain over Down and Antrim. Minimum temperature 0 °C.
