Francis Noel Duffy (Dublin South West, Green Party)
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164. To ask the Minister for Housing, Planning, and Local Government the number of cost-rental units in 2022; and if he will provide a breakdown of units delivered by approved housing bodies, the LDA, and local authorities. [11738/23]

Darragh O'Brien (Dublin Fingal, Fianna Fail)
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Introduced under the Affordable Housing Act 2021, Cost Rental is primarily targeted to deliver rents at least 25% below market levels for households with incomes above social housing limits and who have difficulty in affording to purchase or rent their own homes on the open market. Cost rental provides tenants with rent certainty and secure tenancies in long-term homes. Under the Cost Rental model, rents for homes are set to cover only the cost of financing, building, managing and maintaining the homes.

The first Cost Rental homes were delivered in 2021 and 2022 saw significant delivery of further Cost Rental homes by Approved Housing Bodies (AHBs) and the first Cost Rental homes delivered by the Land Development Agency (LDA).

Local Authorities have begun systematically collating information on delivery of affordable purchase and Cost Rental homes in their administrative areas (including returns for AHBs and the LDA), in the same manner as is currently undertaken for social housing. 2022 year end returns have now been submitted by Local Authorities to my Department and are currently being verified against Departmental information. Informed by this data, I expect that my Department will be in a position to report confirmed Local Authority wide 2022 social, affordable purchase and cost rental housing delivery by the end of Q1 2023.