The Housing Minister says the new Land Development Agency will break the boom and bust housing cycle.
The €1.25 billion agency aims to build 150 thousand homes over 20 years, through managing state land to develop new homes - 40% of which must be for social and affordable housing.
A site in Naas is among those already secured for housing
Head of the Construction Industry Federation Tom Parlon says it's a potential 'game changer', while Sinn Fein says the government got the design of the agency 'badly wrong'.
Minister Eoghan Murphy says the housing crisis needs to be solved:
File image: Eoghan Murphy/RollingNews.