Written answers
Wednesday, 23 September 2020
Department of Housing, Planning, and Local Government
Social and Affordable Housing
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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89. To ask the Minister for Housing, Planning, and Local Government the estimated amount it would cost to increase Part V from 10% to a statutory minimum of 20%. [25720/20]
Darragh O'Brien (Dublin Fingal, Fianna Fail)
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The Programme for Government contains a commitment to explore expanding Part V to encompass affordable purchase and cost rental units and the cost of such measures will be considered as part of that work.
The costs associated with Part V vary depending on the numbers of units developed in any given year by the private sector, the existing use value of the sites, and the type, size and construction cost of the units acquired. Costs are also influenced by the delivery scheme used, either local authority or Approved Housing Body led, or leasing.
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