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01/11/2024
Alliance Calls For New NI Water Funding Model
Alliance has called for a new funding model for NI Water after progress halted on a £400m housing development, which would provide 2,500 new homes in L'Derry, due to water infrastructure constraints.
The party's Infrastructure Spokesperson, Andy McMurray MLA, believes a new model is "the only way" to begin raising the vital funds needed to boost capacity in the country's chronically neglected water and wastewater infrastructure.
"Today's news is just the latest evidence of the immense damage our overstretched water infrastructure is having on housing provision and communities across Northern Ireland," said Mr McMurray.
"There are tens of thousands of new homes that can’t be built across council areas because of water infrastructure constraints, coming at a time when close to 48,000 people are languishing on the social housing waiting list and around 80,0000 are experiencing some form of homelessness.
"The impact on both the environment and the economy also cannot be overlooked, with our waterways and biodiversity harmed by pollution and development of the likes of factories and offices also grinding to a halt, with implications for local businesses.
"While the Minister talks about a three-pronged approach to this issue, there is a fourth prong which grasps the nettle and looks at how we restructure the model by which NI Water is funded," he continued.
"Alliance recently published In Deep Water, our plan to fix Northern Ireland's broken water and wastewater infrastructure.
"One of the key recommendations in that plan is for a new funding model for NI Water, and we favour mutualisation, which would allow NI Water to borrow against its asset base and create long-term investment plans to boost capacity in our water system.
"Guided with strategic advice from a new Infrastructure Commission, this model would deliver the water investment that our communities, economy and environment have been crying out for."
The party's Infrastructure Spokesperson, Andy McMurray MLA, believes a new model is "the only way" to begin raising the vital funds needed to boost capacity in the country's chronically neglected water and wastewater infrastructure.
"Today's news is just the latest evidence of the immense damage our overstretched water infrastructure is having on housing provision and communities across Northern Ireland," said Mr McMurray.
"There are tens of thousands of new homes that can’t be built across council areas because of water infrastructure constraints, coming at a time when close to 48,000 people are languishing on the social housing waiting list and around 80,0000 are experiencing some form of homelessness.
"While the Minister talks about a three-pronged approach to this issue, there is a fourth prong which grasps the nettle and looks at how we restructure the model by which NI Water is funded," he continued.
"Alliance recently published In Deep Water, our plan to fix Northern Ireland's broken water and wastewater infrastructure.
"One of the key recommendations in that plan is for a new funding model for NI Water, and we favour mutualisation, which would allow NI Water to borrow against its asset base and create long-term investment plans to boost capacity in our water system.
"Guided with strategic advice from a new Infrastructure Commission, this model would deliver the water investment that our communities, economy and environment have been crying out for."
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
