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Association uses new funding approach to redevelop homes for older people

FOLD Ireland used private funds to redevelop a housing project in north Dublin after ownership was transferred from Dublin City Council.

HOUSING ASSOCIATION FOLD Ireland has used a new method of accessing finance for social housing projects to provide state-of-the-art homes for dozens of people.

Announced today in Glasnevin, Dublin, the organisation is to redevelop an existing housing project for older people after Dublin City Council transferred ownership.

This allowed Fold to access private funding from Bank of Ireland as well as CALF (Capital Advance Leasing Facility) funding from the Department of Environment.

Funding

The site was used as security for the funding.

“The economic downturn has made it extremely difficult for local authorities to meet the demand that exists for social housing,” Development Manager Tina Donaghy explained.

“As a result, housing associations such as Fold are working with local councils and the Department of the Environment to develop innovative solutions to meet social housing needs.”

One such solution is for local authorities to transfer ownership of housing projects to associations that can then leverage the projects’ existing value to access private funds.

38 single-bed apartments and one double-bed residence are to provided at the project on Ballygall Road East.

One the current residents, Patricia O’Brien, said the new apartment “will mean the world” to her.

“I’ve never gotten used to living in a bedsit with my bed in the sitting room despite having lived here for 14 years,” she said.

I can’t wait to have a bedroom and home again.

She said the area always had a strong sense of community, with all current residents being one “happy family”, and this new project will rejuvenate that.

The 81-year-old is expected to move into her new home this summer.

All construction at the site is expected to be completed by the end of this year.

Housing project
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  • Housing project

    Source: Brian Lawless/PA Wire/Press Association Images
  • Housing project

    Patricia in her current bedsit on Ballygall Road.Source: Brian Lawless/PA Wire/Press Association Images
  • Housing project

    Patricia with construction workers Patrick McGrane (left) and Shane O'Neill.Source: Brian Lawless/PA Wire/Press Association Images
  • Housing project

    Source: Brian Lawless/PA Wire/Press Association Images
  • Housing project

    Patricia O'Brien (left) speaking to Jan O'Sullivan TD, Minister of State for HousingSource: Brian Lawless/PA Wire/Press Association Images

Read: Homeless family to stage protest outside Joan Burton’s office >

Read: €30m to be spent on insulating 25k council houses >

Column: Why are we still in denial about Ireland’s housing crisis? >

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    Mute Liam Meade
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    Apr 5th 2019, 3:22 PM

    The monkey knows everything!

    445
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    Mute Brian Kelleher
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    Apr 5th 2019, 3:33 PM

    @Liam Meade: LoL the monkey is the mastermind behind the operation, monkey see monkey do!!!

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    Mute Patabake Kennedy
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    Apr 5th 2019, 3:45 PM

    @Brian Kelleher: Maybe the Monkey could be trained to do the bidding of the Apes. No window too high that a Monkey can’t get to.

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    Mute Arya
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    Apr 5th 2019, 4:16 PM

    @Brian Kelleher: some monkey business

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    Mute Alan Earls
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    Apr 5th 2019, 4:37 PM

    @Liam Meade: the monkey is the courier, teens in North face tracksuits doing wheelies were becoming a liability

    22
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    Mute rowan hill
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    Apr 5th 2019, 5:16 PM

    @Liam Meade: cope on its cruel ffs

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    Mute Gus Sheridan
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    Apr 5th 2019, 6:07 PM

    @Liam Meade: wise monkey…see no evil

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    Mute Jon Carlin
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    Apr 5th 2019, 6:48 PM

    @Liam Meade: Was the monkeys uncle rescued as well

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    Mute Billy McNamara
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    Apr 5th 2019, 7:06 PM

    @rowan hill: So are sulkies.

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    Mute Honeybee
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    Apr 5th 2019, 10:07 PM

    @Brian Kelleher: I am delighted the monkey was seized as it is illegal to import a primate, the importation of primates is restricted solely to a body, institute or centre approved by the competent authorities of EU member states. I hope the marmoset will have a good life now and can enjoy living outside of the tiny cruel cage.

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    Mute Alan Murphy
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    Apr 5th 2019, 6:15 PM

    Did pavee point request that it wasn’t reported here that it was a halting site that these were found in. RTÉ news mentioned it.

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    Mute John Mc Donagh
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    Apr 5th 2019, 6:56 PM

    @Alan Murphy: “Settled people do that all the time and there’s no word about it”!

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    Mute ThatGuy
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    Apr 5th 2019, 9:25 PM

    @John Mc Donagh: To be fair I found one for sale in Clare for €50. My brother was mad to get it but his wife was having none of it (he’d just bought chickens without telling her the week before, so he was in the dog house, or chicken coop!)

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    Mute De Zach Same
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    Apr 6th 2019, 12:01 PM

    @ThatGuy: gas…

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    Mute Sledro
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    Apr 5th 2019, 3:39 PM

    I came here for the monkey comments

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    Mute Quentin Moriarty
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    Apr 5th 2019, 4:16 PM

    @Sledro: World War Z -2 props?

    19
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    Mute DavidOReilly
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    Apr 5th 2019, 6:18 PM

    In any other society people would inform the authorities that a monkey is being kept in a small cage in horrible conditions. But not the travelers just as they shot horses last week and one in foul, bad feeling towards them are brought about by their own actions

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    Mute DavidOReilly
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    Apr 5th 2019, 7:12 PM

    @DavidOReilly: foal even…

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    Mute Decko Kelly
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    Apr 5th 2019, 4:22 PM

    They’ll be glad to get that off their back.

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    Mute DavidOReilly
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    Apr 5th 2019, 6:15 PM

    @Decko Kelly: monkeys glad to have got out of that halting site.

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    Mute Alan Earls
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    Apr 5th 2019, 6:46 PM

    @Decko Kelly: the monkey is turning singing canarie in exchange for no jail time and witness protection

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    Mute Tom Greaney
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    Apr 5th 2019, 4:02 PM

    If the monkey is involved he’ll swing for it

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    Mute Tommy C
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    Apr 5th 2019, 7:36 PM

    @Tom Greaney: they should bring in someone who can speak monkey. We are rich in that talent here

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    Mute Ted Murray
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    Apr 5th 2019, 3:34 PM

    Take the monkey and run.

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    Mute Declan Carr
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    Apr 5th 2019, 3:36 PM

    Speak to the monkey not the organ grinder.

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    Mute john
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    Apr 5th 2019, 3:32 PM

    Monkey business

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    Mute DavidOReilly
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    Apr 5th 2019, 6:12 PM

    @john: not mention that it was a haulting site that was searched. WHY?

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    Mute Ciaran105
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    Apr 5th 2019, 6:18 PM

    @DavidOReilly: Not a “ culture” issue obviously!

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    Mute Mark Keaty
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    Apr 5th 2019, 4:28 PM

    The monkey is getting 5 years for acting the ape!

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    Mute Ted Murray
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    Apr 5th 2019, 4:42 PM

    @Mark Keaty: If that happens he’ll go bananas and peel against the sentence.

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    Mute Thomas McMillan
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    Apr 5th 2019, 4:37 PM

    That’s just bananas….

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    Mute Liam Meade
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    Apr 5th 2019, 3:32 PM

    the monkey knows everything

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    Mute SilexFlint
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    Apr 5th 2019, 5:06 PM

    What’s the street value of a monkey?

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    Mute Kev Barnes
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    Apr 5th 2019, 7:00 PM

    @SilexFlint: 500 quid

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    Mute Patricia Ellis Dunne
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    Apr 5th 2019, 5:12 PM

    So four monkeys then?

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    Mute Fachtna Roe
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    Apr 5th 2019, 4:37 PM

    What calibre was the monkey, and was there a silencer fitted?

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    Mute Patrick FitzGerald
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    Apr 5th 2019, 5:05 PM

    Someone needs to explain to these muppets that the phrase “a chimp with a machine gun” is a satirical description of a dangerous idiot, and *not* a blueprint for how to run an organisation!

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    Mute Liam Meade
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    Apr 5th 2019, 5:16 PM

    @Patrick FitzGerald: reality show “American monkey with a gun” celebs get locked in a maze with a monkey with a loaded gun what could go wrong…

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    Mute Dan public
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    Apr 5th 2019, 5:26 PM

    The organ grinder is in custody

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    Mute Nehppo McG
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    Apr 5th 2019, 3:28 PM

    Monkey on the banger whacked out the head!

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    Mute Mick Slator
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    Apr 5th 2019, 7:41 PM

    Good boy Mojo, now throw me down the donuts… and the gear…

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    Mute Chessie Cat
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    Apr 5th 2019, 5:39 PM

    Wacko Jacko is alive!

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    Mute Punker
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    Apr 5th 2019, 3:44 PM
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    Mute Anthony Murphy
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    Apr 5th 2019, 4:50 PM

    The names monkey, drug mule monkey

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    Mute Ciaran105
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    Apr 5th 2019, 6:21 PM

    When you pay peanuts ya know what ya get

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    Mute Paul Freeman
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    Apr 5th 2019, 4:42 PM

    Spanking the monkey.

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    Mute Kenneth Hayden
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    Apr 5th 2019, 4:29 PM

    Bet they don’t lock up these Monkies.

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    Mute patrick hughes
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    Apr 5th 2019, 10:58 PM

    What about the Gorilla that owns him
    Bet he s going nuts

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    Mute Joe
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    Apr 5th 2019, 5:01 PM

    Monkey See, Monkey Do LOOOOL

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    Mute Peter Govan
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    Apr 5th 2019, 11:53 PM

    Free bubbles

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    Mute John Cassin
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    Apr 5th 2019, 5:00 PM

    Maybe they were spanking the monkey.

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    Mute prole
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    Apr 5th 2019, 5:54 PM

    A ” monkey “

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    Mute Brian Farrell
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    Apr 5th 2019, 5:47 PM

    One very serious monkey that.

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    Mute James Mc Guinness
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    Apr 5th 2019, 6:28 PM
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    Mute School4work
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    Apr 6th 2019, 9:29 AM

    “See no evil, hear no evil, speak no evil”

    One monkey doing 3 jobs:

    Delaney comes to mind:

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    Mute The Don
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    Apr 6th 2019, 9:48 AM

    What do you call an angry monkey?
    Furious George

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    Mute Blackpope79
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    Apr 6th 2019, 7:33 AM

    Oh Scooby do I want a be like you you you I want snort like you shoot like you do do do

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    Mute Garreth Byrne
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    Apr 6th 2019, 11:47 AM

    If George the monkey takes a free ride on a train, he’ll be an even bigger media star than Hamish the terrier dog.

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    Mute Thomas Sheridan
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    Apr 6th 2019, 11:08 PM

    Average IQ at the site dropped by 70% after the monkey was removed

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    Mute Paul O' Riada
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    Apr 5th 2019, 4:55 PM

    I heard they are a Columbian drugs gang, brought the monkey with them to Finglas

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    Mute Paul O' Riada
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    Apr 5th 2019, 4:59 PM

    The monkey was a member of the bonobo organized crime syndicate

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