Northern Ireland Executive to fund intermediate rental housing for the first time

Intermediate Rent 1(1)

New programme will see 300 homes rented out at 80% market rent by Choice Housing Association subsidiary’s Maple & May

Northern Ireland’s housing minister Gordon Lyons has announced plans for a government-funded intermediate rental housing scheme.

The new Intermediate Rent (IMR) scheme is expected to deliver 300 homes with government funding.

Maple & May, a subsidiary of housing association Choices Housing, will deliver the homes, which will be rented out at 80% of market rent.

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