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Finally

Finance Minister Called On To Explain State Investment In Fund Which Bulk-Bought Kildare Homes.

Stock image: Shutterstock

Urbeo bought scores of Maynooth homes the year after €60 million state investment.

Sinn Fein's demanding the Finance Minister explain the State's investment in a so-called cuckoo fund which bulk-bought hundreds of new homes in Kildare.

The Business Post reports Urbeo was given 60 million investment by the State in 2018.


The following year it bought large parts of two Maynooth housing estates.

Plans are due before Cabinet next week aimed at tacking the issue of funds bulk-buying large numbers of homes in estates.

Sinn Fein Housing spokesperson, Eoin O'Broin, says government involvement in these types of funds isn't good enough:

 

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