Dáil debates

Wednesday, 20 June 2018

Other Questions

Local Infrastructure Housing Activation Fund

11:40 am

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

I thank the Deputy for the question. The aim of the local infrastructure housing activation fund is to increase housing supply through enabling infrastructure such as roads, bridges and parks.

It is now the case that significantly increased funding will be available for enabling infrastructure projects through the new €2 billion urban regeneration and development fund and the €1 billion rural regeneration and development fund announced under Project Ireland 2040.

Local authorities will also be able to apply to the new serviced sites fund, which will support delivery of both off and on-site infrastructure that can unlock local authority-owned lands to deliver affordable homes.

Given the crossover between these funds, I have reviewed whether it is necessary to have a further call specifically under LIHAF. I have concluded, in consultation with the Minister for Finance and Public Expenditure and Reform, that it would be unnecessary duplication to have separate calls under separate funds for the same types of projects. In addition, I want to give further support to local authorities to bring forward publicly owned sites to provide affordable housing under the affordable purchase scheme.

Accordingly, it has been agreed that the funds that had been allocated for the second call under LIHAF will be transferred to the new serviced sites fund. This will increase the Exchequer funding available from €25 million to €75 million over the period to 2021. This funding will help to speed up the development of affordable housing from publicly owned sites and I will issue a call for proposals under the fund by the end of next week.

The four projects that the Deputy referred to can apply for funding through either the urban regeneration and development fund or the rural regeneration and development fund. Calls for proposals under both funds are expected to issue in the coming weeks.

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