Home Building Finance Ireland (HBFI), set up by the Government to fund the delivery of new homes, has outlined its plans to fund more new homes in the Midlands region at a major stakeholder engagement event in Portlaoise today.
HBFI has already approved over €1.2bn to fund over 5,700 new homes in 21 counties across Ireland – including six developments in counties Laois and Offaly.
The event was told that HBFI plans to fund additional homes in Laois and Offaly and their neighbouring counties, and that it is keen to hear from housebuilding firms that are active in these counties.
The event was attended by representatives of housebuilding companies, developers, local authorities and other key players in the Midlands region.
HBFI’s focus on Laois and Offaly is part of its strategy of funding new homes in regional locations, to build on its success in funding developments in cities and commuter towns.
While it has already funded projects in Portlaoise, Tullamore, Mucklagh and Daingean, it is open to working on new projects both in these towns and others in the region.
Ms Dara Deering, the Chief Executive of HBFI, said: “HBFI is committed to supporting the development of new homes in regional areas, such as Laois and Offaly and neighbouring counties, to ensure that these areas can continue to grow and thrive.
“We know that lots of people want to buy new homes in these counties and that’s why we want to provide the finance to make these homes a reality.
“Our stakeholder engagement event in Portlaoise provided a valuable opportunity for us to engage with local stakeholders and to discuss how we can work together to support the development of new homes in the region.”
HBFI is encouraging housebuilding firms in the region to contact HBFI or visit its website, to find out more about the finance it can provide for new homes.
The event took place at Portlaoise’s Midlands Park Hotel.
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