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Bank of Ireland provides 7m in finance for new 37-home development in Athenry [Video]

Bank of Ireland has provided €7m in finance to support the building of 37 new homes in Athenry by Galway-based Tourlecan Developments Ltd.

The Cluain Na Cathrach development will be a mix of 2, 3 and 4-bedroom homes.

Construction commenced in March 2024 with houses anticipated to be ready for a formal sales launch in February 2025.

The scheme includes four Part V units which will be available to Galway County Council for social/affordable housing.

Brian O’Malley, Director, Tourlecan Developments, said: “Bank of Ireland’s support will be instrumental in helping Tourlecan Developments to deliver these 37 much-needed new homes for Athenry.

“With their backing, we are able to move forward with our vision of delivering high-quality, sustainable homes for the town that people want and need.”

Barra Cryan, Head of Development Finance in the west of Ireland for Bank of Ireland, said: “Driving housing supply is critical for the wellbeing of society and …

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