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Longford allocated €844,072 to complete four unfinished housing estates

Labour's European Election candidates, pictured l to r are Lorraine Higgins (candidate Midlands-Northwest), Emer Costello (MEP Dublin) and Phil Prendergast (MEP Ireland South).

Labour's European Election candidates, pictured l to r are Lorraine Higgins (candidate Midlands-Northwest), Emer Costello (MEP Dublin) and Phil Prendergast (MEP Ireland South).

Longford has been allocated the third largest share from a new fund to complete unfinished housing estates.

The county will receive €844,072 from the €10m Special Resolution Fund which will tackle issues in 86 unfinished housing estates across the country.

The four estates where the money will be spent in Longford are: Slí Corglass in Moyne €250,000; Dún Darrach and Ardnacassa Manor in Longford town €246,000; Forthill in Aughnacliffe €231,000 and Cluain Dóire in Newtownforbes €117,000.

Neighbouring Leitrim received €527,000 and Roscommon €486,000 to complete three and two estates, respectively.

Sligo, who received €908,877 to complete six estates, was allocated the largest share from the fund, details of which were announced by Minister for Housing Jan O’Sullivan when she visited the Fionn Uisce development in Galway city on Friday.

Donegal received the second highest allocation of €851,101 to complete eight estates, while Wicklow secured the least amount of funding - €43,000 for works on one development.

A further €12m is also to be invested from third parties, including developers, lenders and bond-holders.

Minister O’Sullivan commented, “We estimate that there are more than 2,100 families living on the 86 estates earmarked for funding. They have had to endure many years of frustration and I am glad that this will now be at an end.”

She added, “Unfinished estates are often an eyesore in an area and this investment of €22m in public and private funding will resolve some of the most problematic estates. It is also good news for jobs in the construction industry.”

Labour European election candidate Lorraine Higgins welcomed the allocation for Longford. “This news will come as a relief to the many residents living in these unfinished estates. I have seen first-hand the blight on rural towns of half-built estates, and footpaths or street lighting in estates left unfinished. I understand the frustration of people trapped in homes in negative equity in estates that were abandoned midway through by failed developers.”

There has been a 50% reduction in the number of unfinished housing developments since 2010 and Ms Higgins added, “I have made the need to revitalise towns and villages right across the Midlands North West constituency a central pillar of my European. This means dealing with the legacy of the Celtic Tiger crash, including unfinished housing estates, and ensuring the seeds of recovery are firmly rooted across the country.”

 

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