Federation comments on Communities Minister Carál Ní Chuilín MLA statement
The Construction Employers Federation has today welcomed the statement by Communities Minister Carál Ní Chuilín MLA on reform of the Northern Ireland Housing Executive.
Commenting, Mark Spence, Managing Director, said:
“Today’s statement by the Minister is very significant. Much like Northern Ireland Water’s infrastructure needs, we have long held the view that the maintenance needs of the 85,000 Northern Ireland Housing Executive properties cannot be met through the Executive’s capital budget alone.
“Models like mutuals and co-operatives have a long track record of delivering sustainable levels of investment, based on borrowing, that stops far short of out and out privatisation.
“Unlocking the potential of the NIHE’s landlord function in this manner will be a significant boost to the local construction industry in terms of new work that would, otherwise, have been held up for many years.
“We look forward to further detail on how this will work and be established in the coming months – as well as continuing to engage with the Minister and her Department on the Housing Supply Strategy that is currently being developed.”