Oireachtas Joint and Select Committees
Tuesday, 9 February 2021
Joint Oireachtas Committee on Housing, Planning and Local Government
General Scheme of the Affordable Housing Bill 2020: Department of Housing, Local Government and Heritage
Mr. Robert Nicholson:
Yes, we believe Enniskerry Road will be in quarter 2. Just to flag future development, local authorities are telling us at the moment that there will be about 700 in 2022 and close to 1,500 in 2023. We have approved, overall, funding for approximately 4,000 units. In terms of a very similar scheme we are now seeing payback from LIHAF in the form of homes being delivered. Again, it is slower than everyone would have anticipated and wanted but at the moment we have homes available in Adamstown for between €300,000 and €320,000, somewhere around 300 homes. Meath, Glanmire, Cherry Bank and a number of programmes are due to be delivered and that will increase over the next year or two. A number of those homes, and a significant number in some cases, will be cost-reduced. Some will be relatively modest cost reductions and some more significant. They will be sold under the provisions of the 2009 Act and the shared equity scheme. On another point------
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