Government begins to progress legislation for celtic-tiger era apartment remediation scheme [Video]

AFTER A LONG wait, the government has today signed off on the heads of bill for legislation that will cover the costs of fire and safety changes needed to Celtic-Tiger-era apartments that were not built to appropriate standards.

Housing Minister Darragh O’Brien brought the draft heads of bill to Cabinet this morning.

“I am very aware of the stress and concern that many owners of apartments and duplexes are facing as a result of legacy defects. Having engaged with many owners I know the financial and personal strain this is putting on their lives and I am glad we are moving forward with this next step,” the Minister said today.

 The €2.5 billion scheme for owners of defective apartments was approved by government last year but it will not be accessible until this legislation is in place. Up to 100,000 apartments are estimated to be eligible for the scheme.

It’s …