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Written Answers — Department of Housing, Planning, Community and Local Government: Private Rented Accommodation Costs (30 May 2017)

Simon Coveney: Under the Strategy for the Rental Sector, a range of measures to improve the supply of rental accommodation that meets the needs of ordinary households are being progressed including: - build to rent models; - use of State-owned lands to deliver affordable rental in areas of high demand; - measures to increase the supply of dedicated student accommodation to free-up...

Written Answers — Department of Housing, Planning, and Local Government: Housing Policy (24 Jan 2024)

Darragh O'Brien: Housing for All targets the delivery of 18,000 new Cost Rental homes to 2030. A strong pipeline is in place and under continuous development by Local Authorities, by Approved Housing Bodies using the Cost Rental Equity Loan, and by the Land Development Agency. The core principle of Cost Rental is that the rents cover the development, management, and maintenance costs of the homes, so that...

Written Answers — Department of Housing, Planning, and Local Government: Housing Schemes (13 Feb 2024)

Darragh O'Brien: Housing for All targets the delivery of 18,000 new Cost Rental homes to 2030. A strong pipeline is in place and under continuous development by Local Authorities, by Approved Housing Bodies using the Cost Rental Equity Loan, and by the Land Development Agency. All Cost Rental providers are legally obliged to make Cost Rental homes available in line with the provisions of Part 3 of the...

Written Answers — Department of Housing, Planning, and Local Government: Housing Provision (7 Dec 2023)

Kieran O'Donnell: Cost rental is a new form of tenure which was introduced under the Affordable Housing Act 2021, where rents are set only to cover the cost of financing, building, managing and maintaining the homes. Under various schemes, the State may provide a subvention to reduce the initial capital cost and make the starting cost rent more affordable. In return, the homes are designated as cost rental...

Select Committee on Housing, Planning and Local Government: Estimates for Public Services 2022
Vote 34 - Housing, Local Government and Heritage (Supplementary) (24 Nov 2022)

Darragh O'Brien: I agree with the Vice Chairman. We are working on quite a substantial cost-rental scheme in Ballymun at the moment. We have made changes to the cost rental equity loan, CREL, which underpins cost rental. That was done at the request of AHBs as well. I would like local authorities to do cost rental directly. We have opportunities to do that because the funding model is even more...

Written Answers — Department of Housing, Planning, and Local Government: Rental Sector (18 Apr 2023)

Darragh O'Brien: The Government’s Housing for All plan targets the delivery of 18,000 Cost Rental homes by 2030, primarily through delivery by Approved Housing Bodies (AHBs), Local Authorities and the Land Development Agency (LDA). Funding has been allocated to AHBs through the Cost Rental Equity Loan (CREL) scheme, and to Local Authorities through the Affordable Housing Fund (AHF). The policy...

Written Answers — Department of Culture, Heritage and the Gaeltacht: Housing Schemes (22 Sep 2022)

Darragh O'Brien: ...commitment to step up housing supply and put affordability at the heart of the housing system, with an ambitious target of 300,000 homes over the next decade for social, affordable and cost rental, private rental and private ownership housing. 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...

Written Answers — Department of Housing, Planning, and Local Government: Rental Sector (16 Jun 2020)

Eoghan Murphy: Acknowledging that renters in Dublin and other major urban centres are facing significant housing access and affordability challenges, the Government is committed to the introduction of Cost Rental in Ireland. In this context, Cost Rental is defined as housing where the rents charged cover the cost of delivering, managing, and maintaining the homes only. Rents are not set by the market...

Written Answers — Department of Housing, Planning, and Local Government: Housing Schemes (28 Mar 2023)

Darragh O'Brien: I propose to take Questions Nos. 302, 303, 304 and 305 together. I can confirm that the planned cost rental homes at Archers Woods, Delgany will be delivered, managed and maintained by the Land Development Agency (LDA). LDA has indicated it plans to deliver 142 cost rental homes in Delgany and I can confirm that to date, 48 of these homes have been formally Designated as Cost Rental under...

Committee on Budgetary Oversight: Business of Select Committee
Ex-ante Scrutiny of Budget 2018 (Resumed): Minister for Finance (27 Sep 2017)

Paschal Donohoe: ...buy a home at an affordable level, but there is another side to the coin. REITs allowed us, in particular at a time of great economic difficulty, to get to a point where we had professionalised our rental sector to a greater extent. That means rental accommodation being provided in our country that is different to where we have been historically, which has tended to be one individual with...

Written Answers — Department of Housing, Planning, and Local Government: Housing Provision (24 May 2022)

Darragh O'Brien: Under the Government's Housing for All strategy, 10,000 Cost Rental homes will be delivered from 2021 to 2026 by Approved Housing Bodies (AHBs), Local Authorities and the Land Development Agency (LDA). AHBs will be supported by Cost Rental Equity Loan (CREL) funding and Local Authorities will be able to avail of funding for Cost Rental delivery through the Affordable Housing Fund. The LDA...

Written Answers — Department of Finance: Tax Yield (10 Oct 2023)

Michael McGrath: I am informed by Revenue that a taxpayer’s Income Tax liability is calculated on their total income from all sources, rather than being separately calculated for each source of income (such as rental income). For this reason, it is not possible to identify tax paid arising from rental income alone. The Deputy may be interested in Revenue’s publications on rental income, which...

Written Answers — Department of Housing, Planning, and Local Government: Housing Policy (23 Apr 2024)

Darragh O'Brien: Housing for All targets the delivery of 18,000 new Cost Rental homes to 2030. A strong pipeline is in place and under continuous development by local authorities, by Approved Housing Bodies using the Cost Rental Equity Loan (CREL), and by the Land Development Agency. The core principle of Cost Rental is that the rents cover the development, management, and maintenance costs of the homes,...

Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)

Mr. Frank Curran: The target for affordable is combined affordable and cost rental. We have not broken it down specifically. We will see what comes in. I mentioned that Shanganagh is on-site with 306 cost-rental and 91 affordable homes. Enniskerry Road will have 50 cost-rental homes delivered this year. We will see what we get in the private market then through the cost rental equity...

Written Answers — Department of Housing, Planning, and Local Government: Departmental Schemes (18 Apr 2023)

Darragh O'Brien: The Government’s Housing for All plan targets the delivery of 18,000 Cost Rental homes by 2030, primarily through delivery by Approved Housing Bodies (AHBs), Local Authorities and the Land Development Agency (LDA). Funding has been allocated to AHBs through the Cost Rental Equity Loan (CREL) scheme, and to local authorities through the Affordable Housing Fund (AHF). The policy...

Written Answers — Department of Housing, Planning, and Local Government: Housing Provision (1 Dec 2022)

Darragh O'Brien: The Housing for All strategy commits to delivering a total of 18,000 Cost Rental homes over the period to 2030 and significant funding is made available to support delivery of Cost Rental by Approved Housing Bodies (AHBs), Local Authorities and by the Land Development Agency (LDA). Delivery will increase incrementally, to an average of 2,000 Cost Rental homes per year. 10,000 Cost Rental...

Written Answers — Grant Payments: Grant Payments (5 Nov 2009)

Batt O'Keeffe: As outlined previously to the Deputy, rental grant-in-aid is provided to schools where original invoices for rental costs are submitted for payment to my Department's Planning and Building Unit. My Department has paid 99.6% of the overall rental grant-aid due for temporary school rental costs for the January to June 2009 period. 92% of schools have been paid to date for the July - December...

Topical Issue Debate: School Textbooks Rental Scheme (19 Feb 2014)

Ciarán Cannon: ...opportunity to clarify the position. The Minister, Deputy Quinn, and I are very conscious that the cost of textbooks is a considerable burden on families. We believe that participation in book rental schemes offers the best opportunity to reduce that burden. Schools which already have rental schemes can save parents up to 80% of the cost of buying new books. Since his appointment, the...

Written Answers — Department of Housing, Planning, and Local Government: Rental Sector Strategy (15 Jan 2019)

Eoghan Murphy: ...renters in Dublin and other urban centres are currently facing significant access and affordability challenges. Therefore, the Government is committed to the introduction of a not-for-profit, cost rental sector in Ireland which will be targeted at households earning low to moderate incomes up to a maximum annual income of €50,000 for single applicants and €75,000 for dual...

Written Answers — Department of Finance: Tax Collection (16 Sep 2016)

Michael Noonan: I propose to take Questions Nos. 268, 269 and 273 together. I am advised that Revenue do not require rental income to be returned in a manner that would enable residential rental accommodation income to be separately identified from rental income in respect of other types of property, such as commercial rental property. It is not therefore possible to provide the amount of revenue raised from...