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New building entity set to boost Construction

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As part of Budget 2018 measures, up to €750m of the Ireland Strategic Investment Fund (ISIF) will be made available for commercial investment in housing finance.

The funds will be made available to a new vehicle to be known as Home Building Finance Ireland (HBFI).

HBFI will increase the availability of debt funding on market terms to commercially viable residential development projects whose land owners want to build homes.