Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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1249. To ask the Minister for Housing, Planning, and Local Government the number of Part V homes bought, by each local authority, in 2023 and 2024; the average cost of each home; and if he will make a statement on the matter. [46449/25]

James Browne (Wexford, Fianna Fail)
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Based on the funding drawn down by the local authorities from my Department, the table below sets out the average costs for Part V properties acquired by each local authority as new social homes in 2023 and 2024. It does not include data on Part V properties for social housing acquired by AHBs.

Individual local authority and annual data can be influenced by individual transactions for Part V properties that might involve an unusually high number of properties or may involve costs that are notably high or low in an individual situation.

Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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1250. To ask the Minister for Housing, Planning, and Local Government to provide an estimated unit cost to the Exchequer for providing cost rental homes,1-, 2-, 3- and 4-bedroom; and for providing affordable homes, 1-, 2-, 3- and 4-bedroom; and if he will make a statement on the matter. [46450/25]

James Browne (Wexford, Fianna Fail)
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Specific delivery costs per unit are variable and can greatly differ between both the affordable schemes themselves and the typology, location and overall layout of the developments in question.

The maximum funding available to Approved Housing Bodies under the Cost Rental Equity Loan (CREL) scheme is 55% of the capital costs, split between a CREL loan of up to 35% and equity of up to 20%. The average cost to the Exchequer for delivery of homes with CREL support that was approved in 2024 was approximately €214,000 per home.

In addition, the Affordable Housing Fund (AHF) subsidy is available to local authorities as a direct subvention on local authority housing development costs at rates of €50,000, €75,000, €100,000, and €150,000 per affordable home depending on (a) the density of housing units per hectare on the development, and (b) where the development is located. The average AHF subsidy per home in 2024 was €77,413 of which €73,540 per unit (95%) is payable from Exchequer funds with the balance (5%) being contributed directly by the relevant local authority.

Furthermore, Land Development Agency delivery of cost rental can be supported by the Secure Tenancy Affordable Rental (STAR) Scheme, with the average equity investment in 2024 being €128,007 per cost rental home.

Making available more granular housing delivery cost/commercial data could impact negatively on competitive public procurement by delivery partners, with potential material financial loss to the citizen.