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Housing Minister: Land Development Agency Will End Housing Boom-Bust Cycle.

: 09/13/2018 - 17:48

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.

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