Tuath out of the blocks for 2017
TÚATH OUT OF THE BLOCKS FOR 2017
Abbot Court, Cualanor
Túath have recently secured the acquisition of 52 new homes in Dún Laoghaire in partnership with NAMA, Dún Laoghaire Rathdown County Council and the Department of Housing, Planning, Community and Local Government via the NARPS leasing initiative.
These homes represent the first phase of three to close and a total of 124 properties all to be completed and occupied before the end of April 2017. The acquisition of these properties fulfils the developer’s; Cosgrave Developments, Part V obligation with the Council. Residents are due to move into the first phase of apartments all of which are fully furnished to a turnkey standard over the next week.
Túath are delighted to have completed the purchase of the last 8 homes in Thornwood from developers Grandbrind. The final phase of apartments and duplexes were completed in February and bring a total of 68 homes into management within this development. Having commenced on site in January 2016, all 68 homes have been acquired by Túath within a 13 month timeframe across 9 phases.
These A3 rated homes, comprised of 46 x 3 and 4-bedroom houses and 22 x 2 and 3-bedroom apartments and duplexes, were finished to an exceptionally high standard both internally and externally.
The final phase will be allocated to priority persons from Dublin City Council’s social housing waiting list in the coming weeks. These homes are very much welcomed due to the small number of social homes in this area, which is fewer than 2% of the overall housing stock.
Túath would like to thank all partners involved in this project including Dublin City Council, the Department of Housing, Planning, Community and Local Government, the Housing Agency, the Housing Finance Agency and Grandbrind.
Following the recent opening of our regional office in Galway city, we are delighted to announce the acquisition of the first units in Maoilin on the Ballymoneen Road. With the regional expansion, Maoilin is the first of a number of projects in partnership with Galway City Council.
Maoilin consists of 73 houses, of which Túath have agreed to acquire 6 from Galway based developers Burkeway Homes. These homes are earmarked for social housing under Part V of the Planning and Development Act. Galway City Council agreed the Part V figures directly with Burkeway Homes, with Túath fulfilling the council’s obligation to acquire the homes and provide social housing.
These 6 homes are all 2-bedroom terraced houses and have an A3 BER rating, gas fired central heating and fitted kitchens.
The properties were acquired using CALF funding from the Department of Housing, Planning, Community and Local Government and private finance from the Housing Finance Agency via the European Investment Bank. We thank all stakeholders, including Galway City Council and the Housing Agency, for their support with this project.
Castlemanor Retirement Village, Drumalee, Cavan
We are delighted to complete the acquisition of a further 20 homes in Castlemanor Retirement Village bringing our total number of homes owned here to 30.
These 20 homes will offer secure comfortable living for those in need of a home in the over 55 years category for which they were purposely developed.
All tenants for these homes have been nominated by Cavan County Council from their housing list.
We look forward to these tenants moving in over the next few weeks. We trust they will love their new homes as they are presented to the highest standard and form part of the Castlemanor Retirement Village community.
We would like to thank both Cavan County Council and the DHPCLG for their help in bringing this scheme to fruition. All 20 homes were funded via the Capital Assisted Scheme (CAS).
March 2nd, 2017