The Board of Trustees are delighted to publish the Iveagh Trust’s Annual Report for 2017.
In another very busy year, 2017 saw 70 new homes delivered, 142 homes under construction and 118 new tenancies provided at the Iveagh Trust along with 71,540 bed nights and 190,000+ meals provided at the Iveagh Hostel.
The completion of the Trust’s own design and build development at Annamore Court was an undoubted highlight, providing 70 new homes in a supported setting for older people. A range of additional facilities and services are provided at Annamore including a visiting nursing service, dedicated Tenant Liaison Officers, a Community Room, Guest Room and Laundry – all with the aim of supporting independent living in the community for as long as possible. 16 residents opted to downsize from larger properties, making those properties available to Dublin City Council for families on their housing waiting list and demonstrating the potential to unlock capacity within existing housing stock – if – residents are provided with attractive opportunities to “rightsize”.
The development at Annamore was delivered for €10 million or an average of just €143k per unit, facilitated by the transfer of the site by Dublin City Council for a nominal fee and value-based design principles.
The Iveagh Hostel continued to operate at full capacity on a nightly basis throughout 2017, as demand for the service it provides appears to be as great now as at any time in its 112 year history. 72 new residents made the Hostel their home, 71,540 bed nights were provided in total while the busy hostel kitchen served over 190,000 meals.
Construction got underway on a further 142 homes across three sites in Dublin working closely alongside our partners in the Local Authorities, Developers Gannon Homes and Park Developments with loan finance provided through the Department of Housing and the Housing Finance Agency under the Rebuilding Ireland Programme. All units are expected to be ready for occupation in the first quarter of 2019.
Almost €2m was invested to maintain and upgrade our housing stock. In particular, the Trust has invested almost €400,000 over the last two years as work continues to sensitively restore all of the Hostel’s original timber windows with 194 now complete and 400 to go.
Supporting local businesses to provide essential services has been a key feature of the Trust from the outset. We’ve a special feature on the eclectic mix of vibrant businesses that serve both the Trust & the wider community, contributing to the social fabric of Dublin’s Liberties area.
As the huge need for housing continues to dominate, Trustees are determined that the Iveagh Trust will play its part, not just in delivering housing but in building communities and putting in place the supports to sustain those communities into the future.
To view the report in full, just click on the link below.
|2017 Annual Report|