Louise O'Reilly
Question:93. Deputy Louise O'Reilly asked the Minister for Housing, Local Government and Heritage the number of cost-rental homes delivered in north county Dublin in 2022. [23558/23]
View answerThursday, 18 May 2023
Questions (93)
Written answers
Housing for All aims to deliver 18,000 Cost Rental homes by 2030, to be facilitated by Approved Housing Bodies, Local Authorities, and the Land Development Agency. The goal for Cost Rental is to support those on moderate incomes for whom market rents are unaffordable and who do not qualify for social housing.
AHBs are supported in this work by the Cost Rental Equity Loan, and Local Authorities by grant funding from the Affordable Housing Fund. The LDA is also delivering Cost Rental through acquisitions under Project Tosaigh and developments on its own sites.
2022 represented the first year of a very ambitious programme of delivery of affordable housing, including a total of 684 Cost Rental homes, of which 14 were delivered in Donabate, Fingal. These were a mixture of 1 bed apartments at €1,195 per month and 2-bed apartments at €1,494 per month, which are more than 25% below market rents for comparable homes on the open market. Information on delivery across all affordable housing streams in 2022 is available on my Department’s website and I will arrange for the relevant web link to be circulated with the official record.
It is anticipated that the momentum created by this initial delivery will be maintained this year, and will continue to ramp up into 2024. A pipeline of Cost Rental housing delivery is in place and is under continuous development by AHBs, Local Authorities, and the LDA.
Question No. 94 answered orally.