Written answers
Tuesday, 18 June 2024
Department of Housing, Planning, and Local Government
Housing Provision
Francis Noel Duffy (Dublin South West, Green Party)
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192. To ask the Minister for Housing, Planning, and Local Government the funding allocated under the social housing current expenditure programme and other funding programmes to deliver the target of 9,300 new-build social homes in 2024; and if he will make a statement on the matter. [26111/24]
Darragh O'Brien (Dublin Fingal, Fianna Fail)
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Budget 2024 provides for continued record investment in Housing with €4.25 billion in Exchequer funding for the delivery of housing programmes, comprising capital funding of €2.6 billion and current funding of €1.5 billion. The Capital provision of €2.6 billion will be supplemented by Land Development Agency (LDA) investment and Housing Finance Agency (HFA) lending resulting in an overall capital provision of over €5 billion in 2024.
The funding provision will support over 29,000 additional households in 2024, through meeting the social housing needs of over 23,000 households, including 9,300 new build social homes and supporting a further 6,400 households to buy or rent at an affordable price.
Social housing construction is delivered and funded through a range of Local Authority and Approved Housing Body (AHB) delivery streams, i.e. direct construction, Turnkey developments, Part V, Public Private Partnership and Regeneration programmes.
Details of the 2024 budgetary allocations for all capital and current housing programmes, including for the delivery of new social homes, is set out in the 2024 Revised Estimates Volume (REV) which can be accessed at the following link:
Additional details in respect of the funding of Housing programmes in 2024, including allocations and targets, is also available in the Budget 2024 Expenditure Report which can be accessed at the following link:
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