LIMERICK City Council has received more than €175m in funding for housing over the last five years, new figures have shown.
Documents presented to a meeting of the housing committee have shown that the Department of the Environment, Community and Local Government has allocated City Hall some €175.7m for various housing initiatives over the last few years.
In the last year, €41.9m was spent, an increase of approximately €3m year-on-year.
The majority of the money was spent on the regeneration process, with City Council spending some €22.6m in order to acquire dwellings.
Some €7m was spent demolishing and securing homes in Moyross, Southill and St Mary’s Park, while social intervention measures accounted for €1.2m of the council’s budget spend.
Housing director Kieran Lehane paid tribute to the Department of the Environment which, over the last five years, have increased the funding from €28.6m in 2007 to €41.91m last year.
“There is a considerable difference in the appearance of our estates. There is a far better appearance then there was three years ago,” he said.
Limerick City Council also spent €2.9m on improvements to houses, including improving the energy ratings of private homes.
Mr Lehane also announced that €330,000 was spent last year on traveller accommodation, with €3.8m spend in construction and acquisition costs.
The Capital Assistance Scheme for voluntary housing drew funding of some €2.3m, he also said.