Dáil debates

Thursday, 30 May 2024

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Housing Provision

10:50 am

Photo of Malcolm NoonanMalcolm Noonan (Carlow-Kilkenny, Green Party) | Oireachtas source

On the issues around the general delivery of affordable housing, the affordable housing fund now provides funding of up to €150,000 to support apartment delivery in urban areas.

In July 2023, the Government approved additional supports for AHBs to deliver cost-rental homes by increasing funding to up to 55% of capital costs from the previous 45%. This funding comprises a mixture of favourable loan financing and State equity investment. The secure tenancy affordable rental, STAR, scheme provides investment of up to €750 million for the delivery of new cost-rental homes by the private sector out to 2027.

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