Housing: New agency could claim land through CPOs

Project Ireland 2040 proposes the establishment of an urban regeneration agency that will have the power to claim land through compulsory purchase orders if it feels the sites in question “are not being utilised to their full potential”. The establishment of the body - called the National Regeneration and Development Agency forms part of the Government’s €2bn urban regeneration fund. A €1bn fund for rural development also forms part of the plan. More than 500,000 new homes are needed to meet the expected population growth between now and 2040, according to the plan, and it indicates the Government’s intention to focus housing development in concentrated areas, “at locations that can support sustainable development”.

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