Louth is to benefit from an investment of over €39 million under the Social Housing Investment Programme for 2009, according to Fianna Fáil local election candidate, James Carroll.

“My colleague, the Minister for Housing and Local Services Michael Finneran TD has informed me that over €39 million will be allocated for social and other housing in Louth. The funds will be given to Drogheda Borough Council, Louth County Council and Dundalk Town Council.”

“Drogheda Borough Council will receive €6 million under the Social Housing Investment Programme. Under the Capital Loan and Subsidy Scheme the three Councils will receive a total of €9,855,000; €975,000 under the Capital Assistance Scheme; €650,000 for Traveller Accommodation and €1,233,000 million for the Rental Accommodation Scheme.”

“Under the Improvement Works Allocations for improvements to social homes, €250,000 has been allocated to Drogheda Borough Council for central heating and €350,000 for remedial works. A total of €195,000 will be divided between the three Councils for retrofitting and energy measures with Drogheda Borough Council receiving €100,000.”

“I am pleased that even in these difficult economic times that the Government is prioritising those who need the most help. It is vital that we continue to invest in social housing in a bid to meet the increasing need and that those homes that are owned by the Councils are well maintained. I am delighted to see that funding has been given for retrofitting and energy measures that are not only important for the environment but will also help those on low incomes with their heating and energy bills,” concluded Carroll.

ENDS