Interest-free loans and guaranteed rent for 20 years for vacant properties in Kildare

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Interest-free loans and guaranteed rent for 20 years for vacant properties in Kildare
11:00 Sunday 17th of February 2019

The Peter McVerry Trust’s Empty Homes Initiative aims to identify and reuse empty buildings for the purpose of providing social housing to people currently experiencing, or at immediate risk of, homelessness.

As part of this initiative, Peter McVerry Trust would like to speak to the owners of vacant properties in Kildare who would be interested in selling or leasing their properties.

Peter McVerry Trust is attempting to secure properties under the Repair and Leasing Scheme and Buy and Renew Scheme as part of Rebuilding Ireland.

Interest-free loans of up to €40,000 toward the cost of repairs are available under the Schemes. 

A guaranteed rental income for between 5 and 20 years is one of the benefits. 

The property will also be maintained and the tenants will be managed by the Peter McVerry Trust. 

The Peter McVerry Trust is campaigning for State-led action on empty homes, derelict sites and underused spaces.

It believes that addressing these issues can play a significant role in improving housing availability, housing affordability, and reducing and ultimately eliminating homelessness.

60 units of accommodation 

Peter McVerry Trust has brought back over 60 units of accommodation into use and created four Supported Temporary Accommodation services, as well as two family services, from underused space.

This work demonstrates the potential to deliver significant quantities of homes and other forms of accommodation needed in Ireland today.

If you would like further information on the Empty Homes Initiative, please contact [email protected] or call 01 823 0776.

If you have a story or want to send photos or videos to us please contact the KildareNow editorial team. via our Facebook, via our email at [email protected] or on 045 409350 during office hours.

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