The Torc Housing Partnership has been selected as Preferred Tenderer for the 2nd phase of the Government’s current PPP programme to deliver 465 new social housing units in County Cork, Kildare, Clare, Galway, Waterford and Roscommon. This project is the second bundle of the Government’s PPP programme to invest c. €300m in social housing which is expected to comprise:
- development of up to 1,500 housing units as a number of ‘bundles’ of sites;
- provision of services to the developments over a 25 year period following construction that will include the
- maintenance and upkeep of the housing; and
- return of the asset after 25 years in prime condition.