05 Sep 2018

UK and Ireland Ministers visit Oaklee Housing’s newest development in Dublin

The Minister for Housing Eoghan Murphy was joined by the former UK Secretary of State for Northern Ireland and current UK Secretary of State for Housing, Communities and Local Government James Brokenshire, at Oaklee Housing’s newest turnkey development in Stormanstown House, Dublin.

 

The €11million development is due for completion in mid-September and Oaklee Housing have already begun the process of allocating tenants with their new homes. The scheme is part funded through a combination of funds from the Capital Advance Leasing Facility (CALF)(30%) and private finance from the Housing Finance Agency (70%) and is a mix of one, two, three and four bedroom apartments, with 42 units in total, which will cater for a range of families currently on the social housing waiting list.

 

Oaklee Housing entered into a contract with a developer to acquire the site on completion, which facilitated the recommencement of construction of the derelict site. The Irish and UK Ministers were given a tour of the new development by Oaklee staff who were accompanied by officials from Dublin City Council, Blacklough Construction and Torca Developments who managed the project.

 

 

Sharon Cosgrove, Chief Executive of Oaklee Housing said:

“This site lay derelict for almost a decade and was an eyesore for local neighbours. It was in need of re-development, particularly given the requirement for social housing in the area. We were pleased to be able to acquire the site and develop a top quality scheme, which will provide much needed social housing for families in need. 

 

“We were pleased to get the chance to showcase this development to both our own Housing Minister and a UK Minister. We are grateful for the support from Dublin City Council, the Housing Finance Agency and the Department of Housing.It is vital that we get more homes underway and this project is one of many new developments we are embarking on this year across Ireland to help meet considerable need”.

Handover of the development is expected in the next few weeks with tenants moving into their new homes shortly after.

 

Established in 2001, Oaklee Housing has quickly grown into one of Ireland’s leading social housing providers managing  almost 1,000 high quality modern homes that accommodate older people, families, mature singles and people with complex needs.

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