Construction Ireland Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
29/06/2017

Call For Govt To Establish Interest Free 'Loan Fund'

Construction News Image
The Green Party is urging the Government to establish an interest free "loan fund" for householders who are unable to afford the costs of remediation.

The party is also calling for measures to be introduced to assist homeowners to carry out essential remedial works in defective buildings.

Deputy Leader Catherine Martin TD said: "Last week the Dáil passed a Green Party motion on building standards, regulation, and homeowner protection which set out a number of measures to assist people who find themselves in the awful position of discovering serious defects with their home, with no assistance available to them. We're calling for the Minister to consider the proposals outlined in the motion.

"There are tens of thousands of homeowners in this country affected by building defects. We’re all aware of the high profiles examples of Priory Hall, and Longboat Quay but there are many more homeowners throughout the country who are suffering in silence. It was disappointing that Fine Gael and their colleagues in Government the Independent Alliance did not support the Green Party’s motion which included a call on Government to prepare and publish options for the financing and carrying out of remedial works to housing units for the orderly remediation of legacy defects in housing. Just last week I was contacted by a constituent facing a bill of up to €38,000 to remediate building defects, with absolutely no support or recourse available to them. This is unacceptable.

-- Advertisement --

"We're calling for the Home Renovation Scheme to be extended to cover remediation works. It's ridiculous that someone renovating a spare room can get tax relief on their costs, but somebody paying to rectify critical construction defects does not get similar supports. Income tax and VAT incentives could be included in this. Another relatively simple measure that would ease the burden on homeowners is making properties affected by serious building defects exempt from property tax.

"Often, the main issue for homeowners is the up-front costs of addressing the issues in defective buildings. The Government should set up a loan fund, similar to those under Section 71 of the 1966 Housing Act, to offer interest-free loans to people who can't afford the costs of remediation."

(CD/MH)

Latest Construction News

15/11/2024

An emergency road closure has been announced following serious structural integrity concerns of the former Antrim Arms Hotel building on Castle Street in Ballycastle. Following genuine fears surrounding the safety of the building's structure, Causeway Coast and Glens Borough Council have ...
15/11/2024

A pre-design public consultation for the Dublin-based College Green - Dame Street Public Realm Project has been launched. The proposal to remodel College Green and Dame Street is a joint initiative by Dublin City Council and the National Transport Authority. The project aims to transform Dublin's ...
15/11/2024

A new plan which aims to fill vacant homes and revitalise derelict buildings has been proposed by Ireland's Green Party. The Dereliction and Building Regeneration Bill put forward by the party aims to establish a single permitting system for fire, accessibility and planning in a one-stop-shop for ...
15/11/2024

Works will begin next week to provide a more reliable water supply in County Kildare, Uisce Éireann has announced. The improvements, which will take place in Allenwood, will also target the reduction of high levels of leakage. GMC Utilities Group are carrying out the works on behalf of Uisce ...
15/11/2024

Essential wastewater improvements being made to the North Street area in Carrickfergus are set to be completed on Friday, November 22, NI Water has announced. Further works will recommence to the area on January 6, after the busy Christmas period. The work is part of a major investment to improve ...
15/11/2024

A forthcoming road closure in Wicklow has been announced by the County Council ahead of essential roadworks which are suspected to last a week. The closure will impact the L-69052 road in Arklow and will take place on the junction of the L2901, Laffin's Lane and The Brook, from Monday, November ...
14/11/2024

A L'Derry park was visited by the Minister of Agriculture, Environment and Rural Affairs yesterday following the completion of extensive works. Manor Park in Moneymore welcomed Minister Andrew Muir MLA, who made the trip to see the result of extensive works which totalled £260,000. The ...
14/11/2024

A Railway Order planning application will be made by Transport Infrastructure Ireland (TII) regarding the major Luas Finglas project. The application will be submitted to An Bord Pleanála on Monday, November 18, while the public can make submissions about the proposed light rail line from November ...
14/11/2024

A new €8.8 million social housing scheme officially launched in County Louth recently. The Ferrard Park development in Drogheda contains 28 new houses which were acquired by Louth County Council from CFS Homes for tenants from the council's social housing waiting list. The houses, which include a ...
14/11/2024

A number of projects across Wicklow aimed at addressing the negative impacts of climate change have received a significant cash boost. Wicklow County Council and The Department of the Environment, Climate and Communications announced an allocation of €675,574.33 to 20 community groups across the ...
Irish Fencing ServicesOS DecorOS HoldingOsberSouthern Crusher Spares LtdDistinctive Painting GalwayDecomin Paints IrelandGS Concrete PumpingFleming DoorsScannell Safety Services
Terms and Conditions
2024/11/16 05:48:15