Written answers

Thursday, 23 February 2017

Department of Housing, Planning, Community and Local Government

Social and Affordable Housing Data

Photo of Noel GrealishNoel Grealish (Galway West, Independent)
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211. To ask the Minister for Housing, Planning, Community and Local Government the number of residential units the Housing Agency has purchased for social housing from January 2016 to date in 2017; the cost of same; the number of units purchased in each of the 31 local authority areas; and if he will make a statement on the matter. [9116/17]

Photo of Simon CoveneySimon Coveney (Cork South Central, Fine Gael)
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The role of the Housing Agency is to work with and support local authorities, approved housing bodies and my Department in the delivery of housing and housing services. From January 2016 up until the launch of Rebuilding Ireland: Action Plan for Housing and Homelessness in July 2016, the Agency purchased 20 properties at a total cost of €3,199,500, on behalf of local authorities, for social housing use. Under Actions 2.5 and 5.6 of the Rebuilding Ireland Action Plan for Housing and Homelessness, the Housing Agency will actively and positively continue its engagement with banks and investment companies in relation to its acquisitions programme.  To that end €70m has also been provided to the Agency in 2017 to establish a revolving fund to acquire some 1,600 units over the period to 2020 for social housing use. Since the launch of Rebuilding Ireland, the Agency has purchased a further 65 properties at a total cost of €10,171,000.

Therefore, the Agency has purchased a total of 85 properties from January 2016 to date in 2017 at a total cost of €13,370,500. In addition to these completed purchases, the Agency has signed contracts to purchase a further 173 properties. Completion of the purchase of these properties is anticipated shortly, subject to contract.

The following tables break down the number of units purchased by the Agency across the relevant local authority area.

Properties purchased prior to launch of Rebuilding Ireland

Local Authority
Number Units Purchased
Cost
Cork City Council
1
€140,000
Dublin City Council
3
€490,000
Fingal County Council
3
€635,000
Galway City Council
1
€255,000
Galway County Council
1
€105,000
Kildare County Council
2
€385,000
Limerick City & County Co.
3
€292,000
Monaghan County Council
1
€110,000
South Dublin County Co.
2
€460,000
Waterford City & County Co.
2
€180,000
Westmeath County Council
1
€147,500
Total
20
€3,199,500

Properties Purchased since the launch of Rebuilding Ireland

Local Authority
Number Units Purchased
Cost
Carlow County Council
1
€60,000
Cavan County Council
1
€110,000
Clare County Council
2
€270,000
Cork City Council
1
€130,000
Cork County Council
1
€35,000
Dublin City Council
5
€1,245,500
Dun Laoghaire Rathdown
1
€185,000
Donegal County Council
3
€260,000
Fingal County Council
7
€1,472,500
Galway City Council
3
€721,000
Galway County Council
1
€120,000
Kerry County Council
1
€40,000
Kildare County Council
6
€965,000
Kilkenny County Council
1
€160,000
Laois County Council
7
€715,000
Leitrim County Council
2
€162,000
Longford County Council
1
€145,000
Louth County Council
3
€525,000
Meath County Council
3
€555,000
Monaghan County Council
1
€185,000
Offaly County Council
1
€130,000
South Dublin County Co.
5
€925,000
Sligo County Council
1
€108,000
Tipperary County Council
1
€55,000
Waterford City & County Co.
1
€72,000
Wexford County Council
3
€375,000
Wicklow County Council
2
€445,000
Total
65
€10,171,000

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