______________________________________________
For Written Answer on : 21/03/2024
Question Number(s): 232 Question Reference(s): 13505/24
Department: Housing, Local Government and Heritage
Asked by: David Stanton T.D.
______________________________________________
QUESTION
To ask the Minister for Housing; Local Government and Heritage the progress being made in each respective local authority with regard to the development of cost rental schemes; the number of units delivered under such schemes; the further number planned to be delivered by the end of 2024; and if he will make a statement on the matter.
REPLY
Housing for All sets out the Government’s strategy to boost housing supply and put affordability at the heart of the housing system, with an ambitious target of 300,000 homes by 2030 for social, affordable and cost rental, private rental and private ownership housing. As part of this plan, 18,000 Cost Rental homes will be delivered between now and 2030, to be facilitated by Approved Housing Bodies (AHBs), local authorities, and the Land Development Agency (LDA).
AHBs are supported by Cost Rental Equity Loan (CREL) funding, and local authorities are able to avail of funding for Cost Rental delivery through the Affordable Housing Fund (AHF). The LDA is also delivering Cost Rental on its own portfolio of sites and through acquisitions under Project Tosaigh.
Data for affordable housing delivery, including cost rental homes, is published on a quarterly basis, similar to social housing delivery. This data is published up to Quarter 3 2023, including AHB, local authority and LDA cost rental delivery, and is available on my Department’s website:
https://www.gov.ie/en/collection/6060e-overall-social-housing-provision/#affordable-housing-delivery
Local Authorities have recently submitted returns on delivery of social, affordable purchase and cost rental homes in their administrative areas for Quarter 4 2023. This data is currently being verified by the Department with a view to publication by end Q1 2024.
