Exploiting the Mica Redress Campaign
It will take up to a decade to repair all of the homes impacted by mica, according to the Housing Minister.
Darragh O’Brien this week announced details of the new €2.2bn Mica Redress Scheme
He said the scheme would offer 100% redress – offering grants of up to €420,000 for people to demolish and rebuild their homes.
Homeowners are entitled to redress of €145 per square foot of their home; however, that will drop to €110 for every square foot after the first 1,000 for larger homes.
The scheme will adjust to account for fluctuating construction costs.
Under the scheme, homeowners can access up to €20,000 towards the cost of rent and storage while their homes are being rebuilt.
Credit to : Newstalk
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