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Peter McVerry Trust Seeks Bail...

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Peter McVerry Trust Seeks Bailout


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The Peter McVerry Trust is looking for a multi million euro bailout.

The housing charity has been battling a financial crisis.

In recent months, it's been locked in cash flow problems and significant debts.

The Department of Housing has now confirmed to the Irish Times that it's received a request for a bailout.

An oversight group from the department and the Dublin Regional Homeless Executive is considering the request.

The exact amount hasn't been confirmed but the charity is facing creditor liabilities and a Revenue Bill running into the millions.

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