Ibec, the group that represents Irish business, today welcomed the establishment of the Land Development Agency. This new approach to strategic land development will assist in tackling the significant challenge of housing availability and affordability.
Aidan Sweeney, Ibec Senior Policy Executive stated: "Government has recognised the potential to use its own land for strategic purposes. The establishment of the Land Development Agency is a welcome and important intervention to free up land in state ownership, which would not ordinarily be considered for home building. Increasing the availability and affordability of housing will lead to better lives and better business.
“The Land Development Agency has the potential to be a gamechanger in housing provision across the country. It must be put on a solid legislative basis to allow it to take a comprehensive strategic development approach to housing delivery. Not all state land, of course, can be used for housing. Actions by the new agency must not undermine the future development and provision of public infrastructure under the remit of the other semi-state companies.
“The new agency expects to build 150,000 homes over the next two decades. Strategically planned and correctly delivered, these will become our new communities and urban quarters, boosting Ireland’s ability to attract or retain people”.