Proposal to build more family homes to go before Cabinet this week

Proposal to build more family homes to go before Cabinet this week

The proposals aim to create 60,000 jobs in the construction sector

A new proposal to build more family homes and boost the construction sector will be brought to Cabinet this week.

It aims to triple the number of homes built – from 8,000 last year, to 25,000 by 2016.

It also hopes to create 60,000 construction jobs in the process.

The proposal will be brought to a special Cabinet meeting on Thursday.

It involves a reduction on development levies, a fast-track to changing planning permission and a new tax on zoned sites which are lying idle.

Economist Jim Power says a stronger construction sector is vital to a stable economy and job creation.

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