Oireachtas Joint and Select Committees
Tuesday, 28 June 2022
Joint Oireachtas Committee on Housing, Planning and Local Government
Inflationary Costs in the Construction Industry: Discussion
Paul McAuliffe (Dublin North West, Fianna Fail) | Oireachtas source
I suppose they would be similar to any Housing for All sites where properties would be built under the affordable purchase scheme. That is where the land is owned by the State and the process would go to market to see how many units could be built and for what amount. If that comes in at €300,000, the maximum subsidy is €100,000, so the price per unit would be €200,000. For that price, earnings of €51,000 would secure the property.
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