The Labour Party said: “A recent report for the Department of Finance estimated 11.5 billion euros of private financing will be required per year to reach a target of 50,000 homes a year.”

Original publisher’s rating

This is not supported by a Department of Finance report from earlier this year. That report estimated that 11.5 billion euros of private finance would be required every year to deliver 33,000 homes, the current target under the Government’s Housing for All plan. That same report says that to deliver 50,000 homes a year it would require 16.9 billion euros.

Reviewed by PA Media ↗ · November 20, 2024