Written answers

Tuesday, 8 May 2018

Department of Housing, Planning, and Local Government

Local Infrastructure Housing Activation Fund

Photo of Eoin Ó BroinEoin Ó Broin (Dublin Mid West, Sinn Fein)
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57. To ask the Minister for Housing, Planning, and Local Government the number of homes priced between €170,000 and €280,000 that will be delivered under the local infrastructure housing activation fund, LIHAF. [19786/18]

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael)
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The overall aim of the Local Infrastructure Housing Activation Fund is to increase housing supply by removing infrastructural obstacles that were preventing the development of key sites.

I have approved funding of €195 million for 30 public infrastructure projects under the first phase of LIHAF. I expect that these projects will activate delivery of up to 20,000 housing units by 2021. Over 28% of these will be social or affordable homes. A further 28% will have a LIHAF related cost reduction from their normal open market value.

I published details of the 30 approved projects on 28 March 2018, including estimates of unit numbers and indicative prices for the areas, as submitted to my Department by local authorities. This information is available at.

It is not possible to give the Deputy specific details on units in the price range requested, particularly as many of the projects are still progressing through the planning system, and exact details on the breakdown of unit types across projects are not yet available. However, as can be seen in the tabular information published, based on current prices, many of the projects outside Dublin are expected to have housing available in the price bracket identified by the Deputy.

In Dublin, it is expected that there will be a supply of smaller units on many of the sites at prices under €320,000 and in the bracket identified, with the quantum of these homes dependent on the housing mix granted within the planning permissions.

Projects in Dublin, such as those at Adamstown and Kilcarbery, will provide a significant boost to the supply of more affordable homes in Dublin. More generally, the accelerated delivery and scale of the housing supply increase, in terms of the numbers of new homes planned from these sites, will be key to addressing the overall supply issue that is affecting house prices.

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