Oireachtas Joint and Select Committees

Tuesday, 25 April 2023

Joint Oireachtas Committee on Housing, Planning and Local Government

Housing for All: Department of Housing, Local Government and Heritage (Resumed)

Photo of Emer HigginsEmer Higgins (Dublin Mid West, Fine Gael) | Oireachtas source

I thank the Minister of State. That is really good news. I have a question for the Minister with regard to cost rental. I know cost rental is under way. We can see that happening. You can see it in my own constituency, particularly in Clondalkin and Newcastle. However, I am concerned that, in Dublin, the model might not always be fulfilling its brief as regards affordability. For example, the discounted cost-rental rent for a family of four with a household income of €53,000 would be €1,545. That would be approximately 45% of that family's disposable income. That is never what cost rental was meant to be. Obviously, it comes down to the cost of building the unit. Will the Minister give us an indication as to whether cost rental is working in Dublin and whether there are any plans to look at it further? Also on cost rental, will the Minister speak to us a little bit about tenants in situ? Where is that scheme with regard to cost rental? It was recently announced that the first home shared equity scheme can now be used by tenantsin situ where landlords are exiting the market and selling. Does that apply to second-hand homes? If that is the case, why is it not being rolled out to all first-time buyers rather than just those served with notice to quit?

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