A Northern Ireland housing association which provides accommodation and support services for homeless individuals and families is to invest £75 million (about €86 million) to build 550 new homes in the North. The investment by Ark Housing Association, which is also a registered charity, is being backed by Danske Bank and the North’s Department for Communities. Ark Housing Association currently manages about 450 homes, but it hopes to more than double its current stock. It has received an initial investment of £12 million from Danske and the department’s housing association grant programme. Its new housing project will be located in areas where it is experiencing high demand for its services, particularly Derry, Newry, Armagh, Carrickfergus, and Belfast.

Source: The Irish Times March 03, 2020 05:00 UTC