Autumn News
New Homes in the Marble City
Túath are pleased to announce the acquisition of 35 new homes in Kilkenny City. The Association worked in partnership with NAMA, Kilkenny County Council and the Department of Environment, Community and Local Government to acquire the properties via the NARPS initiative.
This acquisition was completed in two phases. The first fifteen homes were a mix of 3 and 4 bed houses and provide much needed accommodation for families in Kilkenny. Residents moved into the first homes, which are fully furnished to a turnkey standard on the 14th August 2015. The second phase, comprising a further twenty homes with apartments and duplexes was completed and allocated to residents on the 12th September 2015.
Minister Alan Kelly visits new tenants at Cloon Lara, Mullingar
Mr Alan Kelly, TD, Minister of Environment, Community & Local Government visited Cloon Lara in Mullingar, Co. Westmeath to see how families were settling into their new social homes. The homes at Cloon Lara were secured as part of a partnership project which resulted in the long term leasing of twelve new, fully furnished, 3 bedroom dwellings, through NAMA’s Special Purpose Vehicle, NARPS (National Asset Residential Property Services Ltd). The homes are exclusively occupied by families from Westmeath County Council’s waiting list.
Speaking on behalf of Westmeath County Council, Cathaoirleach of the Council, Councillor Paul Daly stated “These homes were lying vacant and unfinished until the collaboration between Westmeath County Council, Túath Housing, the DECLG, Housing Agency and NAMA resulted in Túath leasing 12 new homes within this high quality development. The properties are leased by Túath for a period of 20 years and 9 months with an option to purchase in the latter stages of the lease. This development is a valuable contribution to meeting the needs of these housing applicants in Mullingar and I hope to see more similar collaborations between the Council and the affordable housing sector.”
Co Wicklow Schemes Duo Delivered
Túath are delighted to announce the delivery of forty new homes in two developments in Newtownmountkennedy, Co. Wicklow. Túath worked in partnership with Wicklow County Council and the Department of the Environment, Community and Local Government to provide these high quality homes.
Thirty two apartments within the Glenbrook Development were purchased for €7.2m using CAS funding from the Department of the Environment, Community and Local Government. The purchase represents the largest single approval from the 2015 CAS allocation both in terms of the number of homes delivered and level of funding provided. It also settles the Council’s Part V agreement for this prestige development.
Eight apartments located within the Rossmore Development have been secured on a long term lease by Túath for ten years. The properties are fully furnished to a turnkey standard and have already been allocated to tenants from Wicklow County Council’s waiting list.
Association secures first Kingdom homes
Túath are delighted to announce the acquisition of seven new properties in Glanerought, Kenmare via NAMA’s NARPS initiative, the Associations first units in Kerry. Túath worked in partnerships with NAMA, Kerry County Council and the Department of Environment, Community and Local Government to acquire these seven family homes.
All dwellings were finished to a turnkey standard and have been acquired by Túath on a lease agreement for twenty years and nine months, with an option to buy included. These homes will be allocated to general needs applicants from the council’s waiting list in the coming weeks.
Túath are delighted to have worked in collaboration with the local authority on its first in Kerry project and aims to provide more high quality accommodation in areas of housing need within Kerry.
Túath’s 20/20 Vision
The Association has published its Corporate Plan to 2020 entitled 20/20 Vision Looking to a Brighter Future
