State has a role in 'de-risking' refurb of vacant homes for buyers, committee to be told

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The State has an important role in stepping in to 'de-risk' the development of vacant and derelict properties for buyers, the Housing Committee will be told today

Image: Alamy Stock Photo Image: Alamy Stock Photo THE STATE HAS an important role in stepping in to “de-risk” the development of vacant properties for buyers, according to Maria Graham, Assistant Secretary Planning Division of the Department of Housing.

“There is an important role for the State in seeking to de-risk many of these projects, to provide vision for towns, support pathfinder projects and provide encouragement and a one-stop shop approach to guide people through the development process,” she will say in her opening statement. He confirmed at the time that the government is also looking at grants to help people looking to buy in towns and cities, by targeting above-shop units, where people can make their home above commercial properties.O’Brien told reporters funding assistance will be made available not just for the conversion of derelict units but also vacant houses, with first-time buyers or ‘fresh start’ applicants eligible to apply.

This includes the reform of the fair deal scheme, the introduction of new regulations for short-term lettings, and the extension of planning exemptions to 2025 to complement the Town Centre First objectives.

 

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