Ireland’s Department of Finance provided an update on Ard Griffin, a residential development of 330 homes in Midleton, County Cork, during a site visit by Deputy Prime Minister and Minister for Finance Simon Harris. Construction is underway with funding from Home Building Finance Ireland (HBFI), which has supported the project since 2024. A total of 62 units have been sold. Clancy Homes is delivering the development, comprising 243 houses and 87 apartments, with 33 units designated under Part V. Pearl Residential Equity Fund provides part of the project’s equity funding alongside HBFI’s development finance. Harris highlighted the role of combining public finance and institutional investment to enable housing construction. Across its wider financing activity, HBFI had approved EUR 3.78 billion for 256 residential developments supporting 19,399 homes by the end of June 2026. Of those developments, 168 were under construction or completed, accounting for 15,610 homes.

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