Bank of Ireland has raised its target for funding of home construction from 24,000 houses to 30,000 across Ireland, it announced on Thursday.
Last year Bank of Ireland funded the construction of 21,000 homes, and this year the bank was already supporting construction of 3,000 more, on 220 sites in 22 counties.
Bank of Ireland said it is also convening a group of housing market stakeholders – drawn from homebuilders, equity investors, representative bodies, and professional services – to consider ways in which the private sector can further increase housing supply responsibly.
