Written answers

Tuesday, 29 March 2022

Department of Housing, Planning, and Local Government

Housing Schemes

Photo of Eoin Ó BroinEoin Ó Broin (Dublin Mid West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

332. To ask the Minister for Housing, Planning, and Local Government the average capital and current expenditure costs for one, two and three bed social housing houses and apartments delivered by approved housing bodies through the capital assistance and the payment and availability schemes in the past 12 months. [16309/22]

Photo of Darragh O'BrienDarragh O'Brien (Dublin Fingal, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

The Capital Advance Leasing Facility (CALF) funding is capital support provided to AHBs by local authorities to facilitate the funding of construction, acquisition or refurbishment of new social housing units. This loan facility can support up to 30% of the eligible capital cost of the housing project, with the housing units provided to local authorities for social housing use under long-term lease arrangements known as Payment and Availability Agreement (P&A). The table below includes details of the average initial CALF capital cost and average cost of the P&A agreements for social housing homes delivered in 2021, based on the numbers of bedrooms.

Property Type*** Number of Bedrooms Average CALF Outlay Per Unit*** Average Initial Monthly P&A *
House 1 €54,224 €837
House 2 €42,249 €979
House 3 €53,656 €1,128
Apartment (inc studio & Duplex) 1 €51,929 €1,127
Apartment (inc Duplex) 2 €65,176 €1,291
Apartment (inc Duplex) 3 €72,455 €1,422

* The average initial approved level of P&A Associated with each of these properties listed. Owing to the nature of CALF, delivery of new housing does not always arise in the same year as expenditure and projects delivered under phased programmes may cross a number of payment periods.

** The CALF Capital Outlay represents the average amount of CALF funding approved per unit type. Approved Housing Bodies can avail of CALF funding pf up to 30% of the overall capital cost of the project. These figures are based on average figures for new build units including Part V for the calendar 2021 period. Costs may be subject to change due to unforeseen circumstances.

*** There are other units delivered in the 2021 period of over 3 bedrooms in capacity.

The nature of housing delivery under the Capital Assistance Scheme (CAS), in terms of the accommodation provided, the types of units delivered and the scale of delivery, does not lend itself to recording and analysis on the basis of typologies in the same manner as the bigger scale social housing programmes. For example, CAS accommodation delivery can range from atypically large units for people with physical disability to group homes for people with intellectual disability to domestic violence refuges. While the cost per bedroom under CAS build projects varies significantly, the average cost in 2021 was €130,915. The data involved is drawn from a variety of project types ranging from new greenfield build, brownfield, turnkey and renewal projects.

Photo of Eoin Ó BroinEoin Ó Broin (Dublin Mid West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

333. To ask the Minister for Housing, Planning, and Local Government the total cost of the payment and availability agreements currently in place for approved housing bodies funded alongside the Capital Advanced Loan Facility; and the total number of such units that receiving funding. [16310/22]

Photo of Darragh O'BrienDarragh O'Brien (Dublin Fingal, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

Approved Housing Bodies (AHBs) are important partners for local authorities in the delivery of social housing. My Department and local authorities administer a number of funding programmes to assist AHBs with the cost of building, acquiring and leasing new social housing units.

The Capital Advance Leasing Facility (CALF) funding is capital support provided to AHBs by local authorities to facilitate the funding of construction, acquisition or refurbishment of new social housing units. This loan facility can support up to 30% of the eligible capital cost of the housing project, with the housing units provided to local authorities for social housing use under long-term lease arrangements, known as Payment and Availability Agreements.

A nominal interest rate of 2% fixed per annum is charged by the local authority on the initial capital amount. Repayments on either the capital or interest are not required during the term of the loan (between 10 and 30 years), although where an AHB chooses to, repayments can be made during the term. At the end of the term, the outstanding capital amount plus the interest accrued, is owed and repayable to the local authority. The local authority issues the CALF monies to the AHB and the local authority, in turn, recoups same from the Department. The remainder of the capital cost is sourced by the AHB through other borrowings, to which the local authorities are not party.

At the end of 2021, a total of 11,243 dwellings were supported under the Social Housing Current Expenditure Programme (SHCEP) under Payment and Availability agreements relating to units delivered under the Capital Advanced Loan Facility (CALF). The cost of funding these dwellings in 2021 was €158,196,256.

Comments

No comments

Log in or join to post a public comment.