Oireachtas Joint and Select Committees
Tuesday, 25 October 2022
Joint Oireachtas Committee on Housing, Planning and Local Government
Implementation of Housing for All: Discussion (Resumed)
Mr. Daniel McLoughlin:
The planning scheme allows for potential development of up to 11,000 units. There are four landowners involved who have done an assessment of delivery across the next eight years as part of an urban regeneration and development fund, URDF, application, for which we received business-case approval for €186 million. We add on 25% to that. That approval is predicated on acceleration of delivery; that is the reason the funding was given. The delivery model over the next seven years is for about 7,500 homes. On the overall delivery, 2,500 of those are local authority homes; that is a 40:30:30 model. The balance, about 5,000 homes, will be subject to the standard 10% social housing Part V provision and will be subject the 10% affordable housing provision. That is how that will pan out.
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