Home Building Finance Ireland (HBFI) commenced operations in January 2019. It is a state-sponsored lender specifically aimed at providing finance to builders and developers for commercially viable residential schemes from 5 units upwards and is seeking to support the construction of up to 7,500 homes in its first five years of operations.
Home Building Finance Ireland (HBFI) offers a range of products for residential development and includes a product specifically for Social Housing Projects, a Green Product with a view to encouraging sustainable development, a core housing products for 10 units or above as well as a product for or smaller Under 10 unit schemes and a product aimed specifically at new Apartment developments.
HBFI has approved over €800m worth of loans to date supporting the construction of over 3,700 new homes. The objective of HBFI is to make additional loan finance available to support viable residential projects in all regions across the country having already approved funding in 18 counties.
Call to our stand at the IHBA Housebuilding Summit, visit www.hbfi.ie or call 01 2384600 to learn more about how HBFI can assist you with your residential development project.