The Social Housing Public Private Partnership (PPP) Programme represents an additional strand of delivery to increase the supply of social housing. The current programme has to date delivered 1,000 new homes with a further 2,700 units in the pipeline.
In terms of progress to date, construction was completed on Bundles 1 and 2 in 2021 which delivered 534 and 465 homes respectively across 14 sites. The procurement process for Bundle 3, which will deliver 486 new social houses and apartments across six sites, commenced in Q4 2022.
In accordance with the commitment under Housing for All, my Department will increase the use of PPPs to deliver social housing. In June 2022, Bundles 4 and 5 of the new programme were launched, which will deliver in the region of 1,600 new homes while, Bundle 6 was launched in January 2023 and is expected to provide approximately 500 new homes.
Significant progress is being made under the programme and my Department is actively working with relevant stakeholders including the National Development Finance Agency (NDFA), the Housing Delivery Co-ordination Office, and relevant local authorities to progress further bundles of projects.
The funding of €30 million allocated for 2023 will cover the monthly unitary charge payments due on Bundles 1 and 2, and also the fees and costs to progress Bundles 4, 5 and 6 through the design and development stage.