The Social Housing Current Expenditure Programme (SHCEP) supports the delivery of social housing by providing financial support to local authorities for the leasing of houses and apartments.
The SHCEP budget funds the ongoing current costs of homes delivered using a variety of different delivery mechanisms under social housing leasing programmes, including:
• Leasing -Direct and Enhanced Leasing, AHB and Private Mortgage to Rent (MTR), the Repair and Leasing Scheme (RLS);
• Build - Capital Advance Leasing Facility (CALF) Build, CALF Part V, Part V Lease; and
• Acquisition - CALF Acquisition, Housing Agency Acquisitions (HAA).
Dwellings made available under the programme are used to accommodate households from local authority waiting lists.
A breakdown by lease type of the total number of leases funded by SHCEP in 2022 and the associated expenditure can be found in Table 1 below:
Table 1:
Category of Lease Type
|
No. of leases funded*
|
Expenditure per Lease Type
|
AHB CALF & Housing Agency Acquisitions
|
12,472
|
€164,889,985.00
|
CALF (P&A) Part V
|
2,415
|
€44,091,832.00
|
NAMA SPV
|
1,250
|
€12,523,648.00
|
AHB Private Leasing
|
1,383
|
€18,013,531.00
|
Enhanced Leasing
|
462
|
€8,723,022.00
|
LA Direct Long-term Leasing
|
4,137
|
€60,239,847.00
|
LA Direct Short-term (RAS-Type) Leasing
|
1,873
|
€17,072,172.00
|
Repair and Lease
|
286
|
€2,232,515.00
|
Mortgage To Rent
|
1,989
|
€23,840,386.00
|
LA Part V Leasing
|
145
|
€2,399,948.00
|
Unsold Affordables
|
1,727
|
€7,256,570.00
|
Congregated Settings
|
12
|
€160,552.00
|
Note: Administration and amendment costs of €7,342,390.00 are not included in the above table.
*The number of leases funded is based on all operational units at the end of 2022.
The data provided includes properties leased by AHBs directly, Local Authorities from private owners under long term and short term agreements, Enhanced leasing, Mortgage to Rent, NARPS, the Repair and Leasing Scheme, Unsold Affordables, CALF, Housing Agency Acquisitions, Part V and Congregated Settings.