The Irish government has allocated a large portion of their budget to address the current housing shortage and crisis that is plaguing Ireland. However, due to red tape and many other impediments, much of the budget has not been used yet and is sitting and collecting dust at the moment. Approximately 8% of the 200 million Euro government housing fund has been spent and many people are not happy about this.
The Local Infrastructure Housing Activation Fund (LIHAF) was originally allocated 195 million Euros in 2016. Since then only 16 million has been spent and the majority of the budget has been sitting in an account. One of the major problems hindering efficient construction sites is Ireland’s outdated infrastructure. This fund was created to provide investment in public off-site infrastructure including; roads and water. This would cut down costs and time for delivering properties. This fund was created during the government’s creation of the Rebuilding Ireland policy to tackle homelessness and housing issues.
Infrastructure projects have been approved to begin under the fund, but not many have taken off. 30 …