The Peter McVerry Trust has welcomed the "big and ambitious capital plan" announced by the Government today, in particular its goal of 550,000 new homes by 2040.
CEO of the Trust Pat Doyle said: "People will know that the single biggest legacy of the crash was the lack of funds available to invest in social housing and other important areas. This plan provides a long term vision to invest in housing and other critical areas such as education which ultimately will have a positive impact on efforts to tackle homelessness.
"We strongly welcome the commitment to deliver future housing supply based on housing need, through the creation of a new Housing Need and Demand survey. This survey will hopefully ensure that there is more 1 and 2 bedroom units built in urban areas to reflect the need for these types of units, particularly amongst those in homeless services and those in the rental system.”
“We believe the broad priorities and principles on which the Government commits to future housing policy are a progressive move. Things like committing to ensuring better re-use empty buildings and put to use smaller derelict sites in urban areas."
Mr Doyle added that one of the most important measures in the plan was the creation of a National Development and Regeneration Agency, which he said had the potential "to be a game changer in land use in Ireland".
Read about the Peter McVerry Trust @ www.pmvtrust.ie