Oireachtas Joint and Select Committees

Tuesday, 23 January 2024

Joint Oireachtas Committee on Housing, Planning and Local Government

Update on Affordable Homes, Public Lands, Strategic Planning and Projects: Land Development Agency

Mr. John Coleman:

It is broadly the objective. It is down to the type of site involved. We predominantly work on sites that are suitable for apartments, and that is our direct delivery. For our partnerships delivery, we are predominantly focused on apartments as well because that is where the need is. There is no market really in the private sector for apartment delivery. That is why the LDA and approved housing bodies are stepping up into that space. Apartments tend to suit cost rental better. We generally target them being on good transport links, for example, in Dublin, on Luas or DART lines. That is creating not a bias but it is leading us towards more cost rental of the order of what the Deputy stated or perhaps even higher. We will have elements of affordable purchase on social in there as well, but cost rental is our focus.