In recent months Initiative Ireland has emerged as a new leading property finance provider, with plans and capacity to lend €1.5bn to property developers and approved housing bodies over the next three-years. For years the values-based lender had operated on the fringes, backed by their impact investor community, helping to deliver smaller residential developments through […]
Minister for Housing, Local Government and Heritage, Darragh O’Brien TD has welcomed the announcement by Initiative Ireland of its new sustainable finance partnership, for the construction of residential homes, with Fairfield Real Estate Finance. Through this partnership, Initiative Ireland will significantly increase the scale of its lending activity by €600 million enabling small, medium and […]
Minister for Housing, Local Government and Heritage, Darragh O’Brien TD, has welcomed the announcement by Initiative Ireland and CUDA, the Credit Union Development Association, of their plan to launch a new social and affordable housing fund supported by the Credit Unions of Ireland. Expected to launch later this year, the new fund will enable Credit Unions […]
Initiative Ireland (www.initiativeireland.ie) today published its third annual housing report, entitled Housing 2020. The report highlights that there was an 18% increase in new housing delivered in Ireland during 2019, which is a fourth consecutive year of growth. However, despite the increase, there was a 48% shortfall in supply overall. The report also highlights how lower-income […]
Initiative Ireland (www.initiativeireland.ie) the property finance and impact investment specialist, have announced the appointment of Sinead Byrne as the company’s new Chief Operations Officer (COO). With this appointment she will lead the implementation of new technology and service expansions across the company as the it prepares for entry into new European markets, including the UK, as […]
Initiative Ireland, the property finance and impact investment specialist, today announced that it plans to expand operations to fund the construction of additional energy efficient, social and affordable houses across Ireland and into the UK market. As part of its expansion strategy Initiative Ireland is growing its team and today also announced the appointment of […]
Initiative Ireland has announced that its clients have committed €1.35 million to finance the construction of a new social housing project and training centre in Dublin’s City Centre. Co-funded by the company’s impact investor community of Irish businesses and private investors, the project will provide 9 additional social housing apartments and a training centre for […]
Initiative Ireland (www.initiativeireland.ie) has announced the launch of Ireland’s largest peer-to-peer loan to date, financed by its Secured Lending Community. The €3 million loan will fund the construction of 33 new family homes in Carrickmacross, County Monaghan. The units have already been pre-contracted to approved housing body Tuath Housing. Initiative Ireland has financed over €10 […]
Initiative Ireland (www.initiativeireland.ie), a social impact finance firm specialising in the provision of lower-cost alternative finance loans to experienced developers, today announced that it has secured a €1.5 million investment. The investment will support the strategic growth of Initiative Ireland over the next 3-years. As part of its expansion strategy the company has also announced […]
Initiative Ireland (www.initiativeireland.ie) released its annual housing report, entitled Housing 2019. The report provides a performance review on the supply of houses across the country and highlights key concerns regarding a mismatch in nationwide housing supply and demand, most notably within the Greater Dublin Area. Housing 2019 builds on the company’s inaugural report published last […]