Thomas Gould (Cork North Central, Sinn Fein)
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79. To ask the Minister for Housing, Planning, and Local Government the status of the regulations on affordable housing; and the reason for the delay in relation to same [13254/22]

Darragh O'Brien (Dublin Fingal, Fianna Fail)
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The Affordable Housing Act 2021, the provisions of which I commenced in August and September 2021, laid the foundation for the introduction of two new affordable purchase schemes: the first to be delivered via Local Authorities and the Land Development Agency, and the second a national 'First Home' shared equity scheme supporting purchases in the private market.

Part 2 of the Affordable Housing Act underpins the Local Authority Affordable Purchase Scheme, under which Local Authorities will make homes available to eligible buyers using an equity share model. Following engagement with legal counsel, as well as engagement with the Local Government Management Agency (LGMA) and County and City Management Association (CCMA), secondary legislation for the scheme is at an advanced stage and these Regulations will be issued in the coming weeks.

The Regulations will include the notification of sale of such dwellings by a Local Authority, the application process, eligibility criteria, the form of the purchase arrangement, matters relating to redemption of the Local Authority's equity interest, and provision for a Local Authority to implement a Scheme of Priority.