Triangle Housing Association Secures £22M for 150 New Homes

0:00It's March 24th from London to Lisbon, Paris to Prague. This is Europe News Today, powered by AI. I'm Cory with the story. Triangle Housing Association in County Antrim has secured a 22 million pound credit facility from Danske Bank to build up to 150 new homes across Northern Ireland. The Bally Money Base Group, which has operated for nearly 50 years, employs almost 500 staff and manages more than 106. It's also hired social housing units, including supported living spaces. Its development plans span the next 18 months. Earlier this year, Triangle handed over 70 new homes in areas like Antrim, Bally Money, and Limovati, while over 100 more are under. Construction in Colrain, Bally Money, Koli Baki, Limovati, and McGara. Contracts for additional projects are set to be signed soon, with work starting before the financial year ends. These leaders at both organizations highlight the deal's timing, amid rising housing stress,

1:02falling grants, and tight public budgets. It allows Triangle to keep delivering affordable homes, and supporting communities as it nears its 50th anniversary. Meanwhile, Northern Ireland's housing waiting list stands in nearly 50,000 applicants, with over 38,000 in urgent need. This funding helps address that gap through more quality social housing starts and completions.