NI Water to receive additional £31m in funding
- Published
NI Water is being allocated an extra £31m in funding, the infrastructure minister has announced.
John O'Dowd said £19.5m would go towards tackling the issues with the waste water system, which has been holding up a number of infrastructure projects - including building new homes.
The money is coming from the Stormont mini-budget known as a monitoring round.
O'Dowd also allocated money to fully fund the department's winter service, which includes gritting the roads.
In addition, almost £19m is being allocated for essential and structural road maintenance and street lighting work.
Translink also received £12m.
“Translink and NI Water will benefit from a total of £43m between them," the minister said.
"Given the well documented issues around wastewater constraints, I have taken the decision to allocate half of my department’s capital allocation to NI Water so that we can help unlock the housing pressures."
Housebuilding in Northern Ireland fell to a 60-year low last year, partially due to restrictions on new water connections.
Plans for an estimated 19,000 homes are being held up due to the restrictions.
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Last week, representatives from the utility provider warned Stormont that capacity problems would get worse without additional long-term funding.
The infrastructure committee was told NI Water is facing a significant gap in funding - both in the day-to-day running of operations and on the longer term capital side.
NI Water director of finance Ronan Larkin said there was a £23m funding gap between what they needed to run the service and what was available.
On the long-term capital spending plan, he said there was a £266m gap in funding or a shortfall of about 45%.