Thanks to an Irish couple in County Kerry, Ireland, three families will be moving into company subsidized housing.
Walsh Colour Print and Educate.ie owners Tony and Patricia Walsh, employ almost 120 people. Patricia revealed that the work they do requires some specialized skill set. Most of their workforce are from other European nations, because they’ve been unable to find enough local job candidates to fit the bill
Unfortunately, due to the limited and expensive housing options available in the area, most employees could not just afford to save for places of their own while paying steep rents
For the Irish couple, they had a clear answer, which is to find a way to offer an affordable housing alternative to help keep their employees in the family fold.
So, in 2017, the couple sought planning permission to build tracts of not-for-profit homes on land already owned by Walsh Colour Print. The Clonaugh site can accommodate 70 units, 20 of which have been earmarked for company workers.
Built on a not-for-profit basis, the 1,000-square-foot attached homes are sold to employees at about €30,000 (roughly $36,500) below market value. To offset costs, the other 50 units are set to be sold at full value on the open market.
With the construction of three houses now complete, the Wojs family was the first to move into their new home and they’ve already begun decking the halls. The employees who purchased the two remaining homes are expected to ring in the new year in their new homes as well.
In an interview with RTE News, Tony Walsh said:
Mercin and Anna and their family are over the moon. For the first time in their lives, they own something. We are going to roll this out now to the rest of our staff and, at the end of their time, when they are finished working with Walsh Color Print and Educate.ie, they can close the door and say; We own this.Tony Walsh
Construction for the next tract of houses is scheduled to break ground next month. According to Patricia, providing affordable housing is already proving to be a job perk that’s a win/win for both employers and employees—and she heartily hopes other Irish firms will emulate their example.