Real estate stakeholders in Northern Ireland say the merger between OakleeTrinity and Ulidia Housing Associations is a welcome development.
Housing association pledges to build 2,500 housing units
The housing project will create about 1,200 direct and indirect jobs.
The merger has positioned them as the largest housing association in Northern Ireland.
The new housing association, Choice, has also pledged to construct 2,500 new homes over a period of five years.
They also said the housing project will create about 1,200 direct and indirect jobs.
While commending the merger, Social Development Minister, Mervyn Storey MLA said “I have no doubt that the competitive edge gained by the merger of the already strong performing associations of Oaklee, Trinity and Ulidia will pay further dividends for the people of Northern Ireland.”
Choice Chairman, Timothy Quin said ‘As a social enterprise we want to continue to evolve, to maximise on regeneration opportunities while performing better for the communities we serve with more than just housing. That means directing our resources and commercial ambition towards the acute immediate challenges and to setting new standards of excellence within the sector.’
Quin also added that ‘Over the next five years, thousands of people will benefit directly from the homes and employment opportunities that we plan to create.’
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