The Housing Executive's to build nearly five hundred new homes in the Newry, Mourne and Down district.
There will also be a £17m pound cash boost to update over seven hundred council houses.
It will also be used to provide grant aid to the private sector and improve the energy efficiency of many homes.
The plans were unveiled at a meeting with the council last night.
Investment and work is expected to take place over the next three years.
Sharing of explicit AI images in Armagh school being investigated by police
By Claudia Savage (Press Association)
Long-awaited inquest into death of Belfast schoolboy Noah Donohoe due to start
By Rebecca Black (Press Association)
Murder investigation launched following death of man in Coleraine
By Rebecca Black (PA)
Man arrested over threats to elected representatives
By Jonathan McCambridge (PA)
Teachers’ unions welcome pay increase while pledging to tackle workload
By Claudia SavagE (PA)
Download the Q Radio app to keep listening, wherever you are! It's available on Apple and Android devices.
Download from the App Store Download from Google Play
