On Air Now

Kildare Today

9:00am - 11:00am

  • 045 901 490
  • 0833-979797

Now Playing

Kildare Today

with Clem Ryan

Finance Minister Called On To Explain State Investment In Fund Which Bulk-Bought Kildare Homes.

Stock image: Shutterstock

Urbeo bought scores of Maynooth homes the year after €60 million state investment.

Sinn Fein's demanding the Finance Minister explain the State's investment in a so-called cuckoo fund which bulk-bought hundreds of new homes in Kildare.

The Business Post reports Urbeo was given 60 million investment by the State in 2018.


The following year it bought large parts of two Maynooth housing estates.

Plans are due before Cabinet next week aimed at tacking the issue of funds bulk-buying large numbers of homes in estates.

Sinn Fein Housing spokesperson, Eoin O'Broin, says government involvement in these types of funds isn't good enough:

 

More from Local News

Stay tuned to Kfm!

Get the Kfm Apps for you phone, tablet or smart speaker...

Kfm Kildare Weather

  • Mon

    Light rain

    5°C

  • Tue

    Light rain

    6°C

  • Wed

    Light rain

    6°C

  • Thu

    Medium-level cloud

    7°C