Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
A total of £68m in capital funding will be allocated to social housing, water infrastructure, and tackling rural poverty.
The Northern Ireland Executive has allocated £24m in funding for social housing, to help enable the delivery of 1,400 homes in the current financial year.
In its autumn monitoring, the executive’s mid-year budget review, which took place on Monday 11 November, the government committed to investing £68m of capital funding in social housing, infrastructure and tackling rural poverty and social isolation.
Finance minister Caoimhe Archibald noted that, due to pressures on infrastructure, particularly wastewater systems impacting both construction projects and the environment, £39.6m has been allocated to the department for infrastructure.
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