City Council approves €930,000 loan for housing charities

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Galway Bay fm newsroom – Galway City Council has approved a €930,000 loan to supply local housing charities with four properties.

The proposal was brought before Councillors at this week’s Local Authority meeting and was carried unanimously.

The largest loan of almost €300,000 will go to the Peter McVerry Trust to secure a four-bed property at Túr Uisce in Doughiska. The allocation includes €33,000 for essential upgrade works.

Peter McVerry Trust will also provide a second two-bed property at Boireann Bheag in Doughiska at a cost of just under €250,000.

Galway Simon Community has secured €200,000 for a two-bed unit at Lui Na Greine on the Western Distributor Road.

Meanwhile, COPE Galway has been allocated €190,000 to purchase a one-bed apartment at Dominick Street.

The loans have been secured under the Capital Assistance Scheme.

Director of Services for Housing Dermot Mahon told this week’s City Council meeting that properties provided through the scheme are given to families who have accessed homeless services and who are on the housing waiting list.