The move follows the acquisition of 135 homes by an investment fund in a new Maynooth housing estate,
The Government is turning social homes into an investment opportunity for developers and international funds.
— Cian O'Callaghan T.D. (@OCallaghanCian) May 3, 2021
Long term leasing will mean a cliff edge of evictions in years to come.
The Social Democrats are tabling a Bill this week to end these sweetheart deals for developers: pic.twitter.com/5UXYmrcwFI
The Social Democrats are calling for an end to institutional investors snapping up large numbers of houses.
It's emerged that a trust called Round Hill Capital has bought 135 homes in Maynooth, about 80 percent of the whole development.
Locals are angry because some had put their names on waiting lists, and believe they've been let down.
Social Democrats Housing Spokesperson Cian O'Callaghan says the Government could do two things to sort this:
New Energy Upgrade Loan Scheme Supports Kildare Homeowners With Retrofit Costs
Government Support for Kildare: Athy And Kildare Town Now Part Of Urban Regeneration Programme
Kildare Sees Low Uptake In Vital Business Grant, With Deadline Looming
Over €100 Worth Of Scratch Cards Stolen From Shop In Leixlip
Burglary in Tinnakill: Two Mobile Homes Targeted Alongside Vehicle Theft
Tributes Paid To Former Kfm Presenter, Celine Garvey, Who Had "Incredible Energy And Smile"
Three Million Euro Investment Has Been Made Towards Newbridge Library
Some Students In Caragh & Kill Left Stranded On Roadside This Morning, As Naas School Buses Don't Show
