Shanbally was established in 2000 and was active initially in the development of Social and Affordable housing schemes. These were structured on a self-financing basis without a development profit. In respect of the Affordable initiatives this ensured that our end users could secure a new home and the purchase price would be limited to the cost of the land plus the cost of construction only.
Shanbally has extensive experience in the roll out of such schemes over the years.
By way of example we developed Templeroe, Shanballymore, Mallow where twenty 3 bedroomed properties and 10 serviced sites were completed in 2002.
Following this, fourteen semi detached homes were developed and completed in Ringaskiddy, Co. Cork
We undertook a unique development in conjunction with Cork City Council in 2006 at Buckley’s Meadows, Rope Walk, Blackrock. This comprising thirty-six units which sold under the affordable housing scheme initiative. In addition, there were eleven units developed on the same site under the Capital Assistance Scheme and these remain under the management of Shanbally today.
We also manage an extensive portfolio of individual units which initially formed part of the affordable housing stock of Cork City and County Councils.
Shanbally HA has particular competence in sourcing, planning, construction, allocation and management of completed homes. Historically we have completed 85 homes in Cork City and County all of which were allocated as affordable or social housing.
As a regulated Tier 1 housing association we have a vision to develop and increase our housing stock and become active providers of high-quality social housing with strong management structures in place.
We are open to hearing from and meeting with developers in the Munster region interested in leasing arrangements where rent is guaranteed for the whole lease term.