Seanad debates
Wednesday, 20 November 2002
Housing Grants: Motion.
Many units and developments are coming into being and that shows that affordable housing will be the big area for future development. Local authorities can claim from the Department a site subsidy of up to £38,000 on affordable homes, which is of enormous significance in being able to provide cheaper starter homes. These are high quality homes and they are "cheap" in the sense that the site is cheaper or subsidised by the Department. That is a marvellous move and, over the next couple of years, the number of affordable units will rocket. They will cater for an existing demand.
No comments