Written answers

Thursday, 2 October 2025

Department of Housing, Planning, and Local Government

Departmental Schemes

Photo of Conor SheehanConor Sheehan (Limerick City, Labour)
Link to this: Individually | In context

320. To ask the Minister for Housing, Planning, and Local Government to provide a list of the schemes that are currently, or have previously, come to market under the croí cónaithe cities scheme; the subsidy being paid for each of the homes in these schemes; and if he will make a statement on the matter. [52649/25]

Photo of James BrowneJames Browne (Wexford, Fianna Fail)
Link to this: Individually | In context

The Croí Cónaithe (Cities) Scheme supports the building of apartments in urban cores for sale to owner-occupiers. The Scheme aims to activate the supply of units which otherwise would not be delivered due to viability challenges by providing funding support to bridge the current "Viability Gap" between the delivery cost of building apartments and the market sale price (where the cost of building is greater).

Since the Scheme launched, four calls for Expression of Interest have been completed. To date, 13 developments, delivering over 1,600 apartments have been approved. This represents a funding commitment of roughly €200m. The Housing Agency continues to assess remaining applications under the previous calls. Details of the approved schemes are available on the Housing Agency website: www.housingagency.ie/CroiConaitheCities

In accordance with the terms and conditions of the Scheme, drawdown of approved funding occurs on completion of the projects and following the sale of apartments to owner occupiers It should be noted that apartment developments typically take between 18 months and 2 years to complete. The first sales of units under the scheme commenced this year at the following developments:

  • Woodward Court, Glencairn Gate, Murphystown Way, Dublin 18.
  • Blackrock Villas, Blackrock in Cork City.
  • Meadow View, Clay Farm Place, Dublin 18.
  • Carr’s Hill, Douglas in Cork.
The value of Croí Conaithe (Cities) subvention provided to successful applications is dependent on the final open market selling price of each home. This open market price, along with the open book delivery cost determines the final subsidy amount. The maximum subsidy available for each apartment is €120,000 in Dublin, and €144,000 in the other regional cities, where the viability gap is greater. It is only possible to determine the final Croí Cónaithe (Cities) subsidy payable when apartment sales have closed.

Comments

No comments

Log in or join to post a public comment.