73 new social housing units are to be provided in the city.
The development at Ballyburke (behind Clybaun and Rahoon) has been approved as one of eight sites nationwide in six local authority areas.
The Minister for the Environment, Community and Local Government, Simon Coveney has approved site locations for over 450 new social housing units, including the development at Ballyburke on the Ballymoneen Road.
These are to be delivered through a public private partnership programme.
The social housing with a capital value of approximately €100 million is being developed at eight sites in co-operation with the local authorities in each area.
Three of the sites are located in County Cork, with one each in the cities of Galway and Waterford.
There are further sites in Clare, Kildare and Roscommon.
The funding is part of a programme of investment totalling €300 million in social housing through the public private partnership model.
The next phase of the project will be announced by the Minister before the end of 2016.
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