Source: Government of Ireland
Minister for Housing James Browne added:
Dara Deering, CEO of HBFI said:
Paul Barrett of Bridgewater Homes said:
Notes:
Site Information:
- Location: Waterfall Road, Bishopstown, Co. Cork
- Homes: 164 new homes, comprising 64 houses, 46 Duplex and 54 apartments. 46 units will be Part V.
- At present, Bridgewater Homes currently have c. 50 staff employed across their 6 active sites in Cork.
- HBFI are positioned to fund the development of 410 units across two phases at Bishopstown.
HBFI’s Role in Supporting Housing Delivery:
- Since its establishment in 2019, HBFI has approved over €3.3 billion in funding.
- This has supported nearly 17,000 homes across 233 developments in 25 counties.
- 82% of HBFI loans are €20 million or less, demonstrating its strong backing of small and medium‑sized builders.
- Over 40% of homes supported by HBFI to date are social and affordable units.
- Following Budget 2026, HBFI has also secured an additional €200 million in funding capacity, strengthening its ability to respond to financing gaps and accelerate housing delivery in areas where it is most needed.