Written answers

Wednesday, 7 February 2024

Department of Housing, Planning, and Local Government

Housing Provision

Photo of Ivana BacikIvana Bacik (Dublin Bay South, Labour)
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286. To ask the Minister for Housing, Planning, and Local Government the number of affordable cost rental homes delivered by AHBs and the LDA in 2023; the breakdown, by local authority area; the number of units in each scheme; and the average rent being charged. [5683/24]

Photo of Darragh O'BrienDarragh O'Brien (Dublin Fingal, Fianna Fail)
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Housing for All sets out the range of actions necessary to increase the supply of housing to the required 33,000 homes, on average, per year over the next decade. 54,000 affordable homes will be delivered between now and 2030 to be facilitated by local authorities, Approved Housing Bodies (AHBs), the Land Development Agency and through First Home, which is a strategic partnership between the State and retail banks.

To date, over 3,800 affordable housing solutions have been delivered, supported by the Affordable Housing Fund, the Cost Rental Equity Loan, Project Tosaigh and the First Home Scheme. This momentum will continue as the pipeline of affordable housing delivery is developed and expanded by our delivery partners, including local authorities, AHBs, the LDA, and First Home. Data for affordable housing delivery is published on a quarterly basis, similar to social housing delivery. This data is published up to Quarter 3 2023, including AHB and LDA cost rental delivery, and is available on my Department's website:

www.gov.ie/en/collection/6060e-overall-social-housing-provision/ .

Local Authorities are in the process of systematically collating information on delivery of social, affordable purchase and cost rental homes in their administrative areas, including returns for AHBs and the LDA, for Quarter 4 2023. This data is currently being verified. I expect that the Department will be in a position to report on delivery of affordable and social housing for 2023 by end Q1 2024, in line with the usual publication timelines for previous quarters.

In relation to average rents where new Cost Rental homes receive State funding, projects are planned and managed so as to achieve starting rents which both cover costs and are also at least 25% below rents for comparable homes in the local private rental market.

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