Council urged to apply for unfinished estates funding
16 January 2014
Fingal County Council is being encouraged to apply to a special €10m fund set up by Government to clean up unfinished housing estates.
Local Labour TD Brendan Ryan is advising the local authority to submit funding proposals to the Department of the Environment before February 28th, outlining the issues facing the most problematic estates - and the detail of the funding requirements.
“We still have a problem with unfinished housing estates in Fingal but my colleague, Labour Housing Minister Jan O’Sullivan, secured a special fund of €10 million in the Budget with a view to specifically tackling the most problematic unfinished developments.
“The fund is specially designed to address deficiencies in public infrastructure such as roads, footpaths, public lighting and open spaces. It is envisaged that by addressing these problems, we will unlock the potential for developers and funders to invest additional capital to complete the housing element of the development. Many of the developments that require this type of investment are currently in limbo and inactive, as the public infrastructure deficit deters any potential buyers from expressing an interest in the estate.
“Some progress has been made on this issue to date but this is a critical step. The closing date for the applications is February 28th and I am encouraging Fingal County Council to apply to the Department of the Environment as soon as possible for funding, so we can press on with making real progress in this area."