Dáil Éireann Debate, Wednesday - 8 June 2016
264. Deputy Eoin Ó Broin asked the Minister for the Environment, Community and Local Government the total annual allocation for rental accommodation scheme tenancies for 2014, 2015, 2016 and 2017 in tabular form; and the total number of tenancies funded or expected to be funded for each year. [14259/16]
View answerDetails of the Exchequer funding allocated by my Department under the Rental Accommodation Scheme (RAS) for 2014 , 2015 and 2016 are set out in the following table.
|
Year |
Exchequer allocation (€M) |
Outturn (€M) |
|
2014 |
140 |
133.5 |
|
2015 |
135 |
121.78 * |
|
2016 |
135 |
19.58 (Q1 to end of March) |
*This is in addition to local authority self-funding of €14.85 million.
The RAS allocation for 2017 will be determined as part of the upcoming Estimates cycle.
In addition to the Exchequer funding allocated in 2015, local authorities self-funded RAS costs of €14.85 million from built up local authority RAS reserves. In 2016, it is expected that €12 million will be self-funded from the same source. Local authorities are required to utilise these built-up reserves before Exchequer monies can be drawndown.
The funding provides for the continuing cost of contractual agreements made by local authorities with landlords under the RAS and the additional cost of new RAS tenancies that are secured each year.
The number of tenancies funded are available on my Department’s website at: http://www.environ.ie/housing/social-housing/social-and-affordble/overall-social-housing-provision.
The Social Housing Strategy 2020 sets a target of 2,000 additional transfers to the Rental Accommodation Scheme over the period 2016-2017.
