Aodhán Ó Ríordáin (Dublin Bay North, Labour)
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98. To ask the Minister for Housing, Planning, and Local Government the estimated average price reduction per unit provided under the local infrastructure housing activation fund; and if he will make a statement on the matter. [25780/20]

Aodhán Ó Ríordáin (Dublin Bay North, Labour)
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99. To ask the Minister for Housing, Planning, and Local Government the timeframe for the delivery of affordable units under the local infrastructure housing activation fund; the location of the units on a local authority basis; and if he will make a statement on the matter. [25781/20]

Aodhán Ó Ríordáin (Dublin Bay North, Labour)
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100. To ask the Minister for Housing, Planning, and Local Government the drawdown of funding under LIHAF to date by project; the number of units delivered per project to date; the number projected per project; the number of affordable units to be provided per project; and if he will make a statement on the matter. [25782/20]

Darragh O'Brien (Dublin Fingal, Fianna Fail)
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I propose to take Questions Nos. 98 to 100, inclusive, together.

Given the critical lack of residential development, as an initiative of the Rebuilding Ireland Action Plan for Housing and Homelessness, the Local Infrastructure Housing Activation Fund (LIHAF) is primarily designed to fund the provision of public off-site infrastructure to relieve critical infrastructure blockages and enable housing developments to be built on key sites at scale.

In 2018, 30 projects received final LIHAF approval with an overall budget of €195.7m, of which €146.8m will be Exchequer funded, with the remainder funded via local authorities. Of the 30 projects, Kildare County Council has confirmed that its project on the Naas Inner Relief Road will not now progress, although an element of the housing that was associated with the project has taken place.

Details of the approvals by local authority area, budget allocation, project description, cost reductions and projected housing delivery are available at www.rebuildingireland.ie/LIHAF.

The individual sales price of every home that is delivered following the construction of the LIHAF facilitating infrastructure is not available in my Department. However to provide indicative examples, in Cork City, the LIHAF project at Glanmire will see 110 homes delivered with a discount of approx. €20,000 each on the open market price and in respect of the Oldtown/Mooretown project in Fingal, in addition to 10% social housing, the open market value of remaining units will have a cost reduction of €2,500, plus 30 2-bed units are to be provided, with an open market value of €290,000 or less. I recently launched the construction phase of infrastructure in Adamstown where 2,000 homes will be delivered. Leveraging the LIHAF funding, approximately 40% of these homes will be sold at discounted price points. In Adamstown this means 300 homes at under €300k & 475 homes under €320k

Currently, 3 LIHAF projects have completed infrastructure construction. Of the remaining 26, up to the end of August 2020 (and excluding the Naas project), 14 projects have been approved to go to, or are already at, infrastructure construction stage and one is expected to have tender approval and go to construction before the end of Q4 2020. Local authorities have indicated that work is progressing on the remainder. My Department continues to support local authorities to progress projects to conclusion.

In terms of LIHAF funding drawdown, thus far, most infrastructure projects have been at the design, planning and procurement stages, and the bulk of expenditure will arise during the construction phase. This is reflected in the level of expenditure to end Q2 2020, with approximately €45.103 million in Exchequer funds drawn down (matched by a further 25% local authority funding bringing the total expenditure to €60.137m). The table below details the exchequer funding drawn down up to end of Q2 2020.