Cluid to provide 45 new homes

Newtownmountkennedy, in partnership with Wicklow County Council.

The Rathnew development is on a corner site between the R772 and Saunders Lane and will consist of ten one-bedroom units, eight two-bedroom units, 24 three-bedroom units and four bedroom units for people with disabilities.

Clúid’s newest schemes are funded using a small government loan to leverage a larger bank loan, usually from the Housing Finance Agency (HFA). Clúid will repay those loans using rent paid by tenants and an availability payment.

‘We simply cannot deliver housing without our partnerships with local authorities,’ said Cluid spokesperson Simon Brooke. ‘ They support us in assessing the need for social housing, in achieving the funding and planning, and in referring households from their waiting lists. They have been vital to every single home added in 2016 and we thank them sincerely for collaborating with us to accomplish this important outcome.

‘At a time of growing demand for social housing, Clúid’s relationship with local authorities has never been more important. Together we combine public, social and business capacity to make the best possible use of the limited resources that are available. We very much look forward to collaborating with them over the next few years,’ said Mr Brooke.