Results 6,841-6,860 of 14,943 for speaker:Eoin Ó Broin
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: What about Dún Laoghaire-Rathdown?
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: We might get those figures from both local authorities on the emerging need on the list each year for the past few years.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: Would it be possible to get a figure? We have tried to get one from the Department and the Housing Agency previously but we have not been able to get it. I wonder whether it would be possible to circulate it to the committee at a later stage.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: I thank everyone for the information so far. Can I ask Mr. Curran for one small clarification? He said Dún Laoghaire-Rathdown was doing 306 cost rentals. That is what it says in its housing delivery plan. Am I right in thinking that they are the Shanganagh cost rentals? Would it not be more correct to say that they are LDA cost rentals in the sense that when the scheme is finished,...
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: They benefit from the affordable housing fund as well, which is quite unusual but there has not been a change. They will still be managed by the LDA and so it will effectively be LDA stock.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: No, sure. I suspect when John Coleman is in front of us, he might account for them differently in the sense that they are his targets. It is just so we are clear.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: Is that really the case?
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: That is good to know. On affordable housing, I am open to the idea of availing of opportunities in the market, subject to value for money, location and proper design style acquiring. The challenge, however, is that at the moment it is virtually impossible to do affordable cost rental as turnkeys in Dublin city or Dún Laoghaire-Rathdown as prices are just too high. Even in O'Devaney...
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: Mr. Keegan should not take this as a criticism, but that is getting lost in our conversation. When it started, the affordable housing fund was the serviced sites fund, with all its imperfections. The assumption was there would be all-in delivery costs of €300,000, €40,000 would be knocked off with the equity share and someone would be able to sell the property at...
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: I will ask the question in a different way. I am not trying to be difficult. Brendan Kenny gave a figure of €1,300 per month for St. Michael's back in 2019. Knowing what we know about cost inflation between then and now, we are probably looking at €1,500, depending on what a tender would come in at today. That might go down at a later stage but we are not expecting...
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: I am looking for an educated guess.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: Has CREL been increased to €150,000 as well or is it just the affordable housing fund? Is it that the local authorities can use the affordable housing fund for cost rental if they are doing it?
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: I think Ms Keenan knows the answer to my question. Has CREL increased from €100,00 to €150,000 or is that yet to be decided?
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: To what percentage has it increased?
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: Again, the challenge here is entry-level rents. Have there been any successful CREL cost-rental turnkeys in either of the local authorities up to now or are there any in the pipeline?
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: Not yet.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: Again, this is not a criticism but that points to the fact that for the AHBs that are doing the applications, CREL does not stack up in delivering genuine affordability in two local authorities that admittedly had specific constraints because private sector land prices are high and development costs are higher. That suggests it will be difficult to deliver cost rental in Dún...
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: That is €1,500 a month rent.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: I accept that. My point is that we started off at €1,200 per month and we are now at €1,500. That might be 25% below market rent but, in terms of affordability for those people above the threshold for social housing, for whom cost rental is key, €1,500 is prohibitively expensive.
- Joint Oireachtas Committee on Housing, Planning and Local Government: Implementing Housing for All: Discussion (11 Oct 2022)
Eoin Ó Broin: I am over time. I thank the Chairman. If there is time later in the meeting, I will come in again.