Wednesday, 15 June 2022
Department of Housing, Planning, and Local Government
37. To ask the Minister for Housing, Planning, and Local Government if he will provide an update on Project Tosaigh; the procedures in place to ensure that any project availing of the scheme will be additional to supplies already in train and that adequate safeguards will be in place to prevent the Land Development Agency from using the projects funding to bid for and purchase apartment developments already underway and subject to forward purchase agreement from approved housing bodies, local authorities or other entities. [31141/22]
The Land Development Agency’s (LDA) Project Tosaigh is a market engagement initiative to unlock land that is not being developed by private sector owners due to financing and other constraints. This initiative allows the LDA to supplement the development of housing on State lands it is already working on.
Project Tosaigh Phase 1 was launched in November 2021 via an Expressions of Interest process and a large volume of proposals of varying feasibility were received from house builders. The LDA is advancing work on a second phase of Project Tosaigh which will target more comprehensive partnerships with developers to deliver a stable flow of affordable homes over the five-year term of the initiative.
The intention of Project Tosaigh is to collaborate with the development sector to unlock stalled development and achieve economies of scale, and not to compete against other publicly funded affordable housing schemes. Affordable housing delivery across the various delivery streams is considered and co-ordinated nationally at the High Level Affordable Housing Delivery Group, at which local authorities, the AHB sector and the LDA are represented. Affordable housing delivery across delivery streams is co-ordinated locally by housing authorities liaising with AHBs and the LDA, including in the preparation of Local Delivery Action Plans.