Rental Accommodation Scheme Expenditure

Tuesday, 21 April 2015

Questions (623)

Dessie Ellis

Question:

623. Deputy Dessie Ellis asked the Minister for the Environment, Community and Local Government if he will provide, in tabular form, the cost to the State from the rental accommodation scheme and the long-term leasing initiative for the years 2005, 2008, 2011 and 2013. [15248/15]

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Written answers

Minister for the Environment, Community and Local Government

Since the inception of the Rental Accommodation Scheme in 2004, expenditure up to the end of 2014 has totalled €776.7 million. The following table sets out the annual expenditure for the years requested:

Year	Annual Expenditure
2005	€723,281
2008	€53,025,430
2011	€115,917,365
2013	€130,886,608

Recoupment made to local authorities under the RAS covers not only the contracted rents due to private landlords but also, inter alia, payments that are made to Voluntary Housing Bodies, administration costs and deposits on newly acquired accommodation.

Since the inception of the Leasing Initiative in 2009, expenditure up to the end of 2014 has totalled €119.4 million. The following table sets out the annual expenditure for the years requested:

Year	Annual Expenditure
2005	€0
2008	€ 0
2011	€ 14 , 219 ,3 14
2013	€ 32 , 405 , 782

Recoupment made to local authorities under the Leasing initiative covers the cost of units acquired by Local Authorities under leases and rental arrangements, units constructed, purchased or leased by Approved Housing Bodies and made available for social housing use and unsold affordable units in social housing use. In addition, administration costs, deposits on newly acquired accommodation and capital advances to Approved Housing Bodies are included in this expenditure.