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The Flowers, The Sunset, The Trees

New Incentives Planned To Boost Housing Supply

Developers could get cash grants or tax refunds to speed up housing projects

The Government is looking to implement cash-back and tax-back incentives for developers, in a bid to speed up the building of homes.

The scheme would allow developers to get either tax refunds or straight cash grants when a job is completed, helping bridge the gap in financing projects.

It's being modelled after a similar and successful strategy in the UK.

Ireland Editor with the Irish Independent, Fionnán Sheahan, says the Government wants to increase housing supply quickly.

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