James Browne (Wexford, Fianna Fail) | Oireachtas source

Rents for cost-rental homes are set to cover the cost of delivery, financing and managing and maintaining the homes modelled over at least 40 years. Cost rents paid will vary between households and schemes and is dependent on the size of the home and the location but cost rental is a more affordable option compared with the pressures of the private market and will always be made available at least 25% below comparable market rents. Rents for cost-rental homes are already below full cost levels thanks to the effect of subsidy elements of funding those streams.

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