The government announces plans to release state owned land for the construction of reasonably priced homes.
The Affordable Housing Initiative was set up as part of a government promise in the 2002 national pay agreement talks to allow those on low to middle incomes to buy homes at reasonable prices.
The affordable housing initiative was created to help those on low to middle incomes to buy homes in reasonable prices.
Sites would be made available to local authorities to allow them to build homes. Under the scheme land in Dublin, Cork and Waterford is to be made available.
Noel Ahern TD and Minister for State at the Department of the Environment, explains the background to the initiative aimed at helping people to buy their own homes.
To date, opposition parties have been critical of the government's plans saying that while land had been allocated, construction work had yet to begin.
An RTÉ News report broadcast on 28 December 2003. The reporter is Vivienne Traynor.