The role of the Housing Agency is to work with and support local authorities, approved housing bodies and my Department in the delivery of housing and housing services. From January 2016 up until the launch of Rebuilding Ireland: Action Plan for Housing and Homelessness in July 2016, the Agency purchased 20 properties at a total cost of €3,199,500, on behalf of local authorities, for social housing use. Under Actions 2.5 and 5.6 of the Rebuilding Ireland Action Plan for Housing and Homelessness, the Housing Agency will actively and positively continue its engagement with banks and investment companies in relation to its acquisitions programme. To that end €70m has also been provided to the Agency in 2017 to establish a revolving fund to acquire some 1,600 units over the period to 2020 for social housing use. Since the launch of Rebuilding Ireland, the Agency has purchased a further 65 properties at a total cost of €10,171,000.
Therefore, the Agency has purchased a total of 85 properties from January 2016 to date in 2017 at a total cost of €13,370,500. In addition to these completed purchases, the Agency has signed contracts to purchase a further 173 properties. Completion of the purchase of these properties is anticipated shortly, subject to contract.
The following tables break down the number of units purchased by the Agency across the relevant local authority area.
Properties purchased prior to launch of Rebuilding Ireland
Local Authority
|
Number Units Purchased
|
Cost
|
Cork City Council
|
1
|
€140,000
|
Dublin City Council
|
3
|
€490,000
|
Fingal County Council
|
3
|
€635,000
|
Galway City Council
|
1
|
€255,000
|
Galway County Council
|
1
|
€105,000
|
Kildare County Council
|
2
|
€385,000
|
Limerick City & County Co.
|
3
|
€292,000
|
Monaghan County Council
|
1
|
€110,000
|
South Dublin County Co.
|
2
|
€460,000
|
Waterford City & County Co.
|
2
|
€180,000
|
Westmeath County Council
|
1
|
€147,500
|
Total
|
20
|
€3,199,500
|
Properties Purchased since the launch of Rebuilding Ireland
Local Authority
|
Number Units Purchased
|
Cost
|
Carlow County Council
|
1
|
€60,000
|
Cavan County Council
|
1
|
€110,000
|
Clare County Council
|
2
|
€270,000
|
Cork City Council
|
1
|
€130,000
|
Cork County Council
|
1
|
€35,000
|
Dublin City Council
|
5
|
€1,245,500
|
Dun Laoghaire Rathdown
|
1
|
€185,000
|
Donegal County Council
|
3
|
€260,000
|
Fingal County Council
|
7
|
€1,472,500
|
Galway City Council
|
3
|
€721,000
|
Galway County Council
|
1
|
€120,000
|
Kerry County Council
|
1
|
€40,000
|
Kildare County Council
|
6
|
€965,000
|
Kilkenny County Council
|
1
|
€160,000
|
Laois County Council
|
7
|
€715,000
|
Leitrim County Council
|
2
|
€162,000
|
Longford County Council
|
1
|
€145,000
|
Louth County Council
|
3
|
€525,000
|
Meath County Council
|
3
|
€555,000
|
Monaghan County Council
|
1
|
€185,000
|
Offaly County Council
|
1
|
€130,000
|
South Dublin County Co.
|
5
|
€925,000
|
Sligo County Council
|
1
|
€108,000
|
Tipperary County Council
|
1
|
€55,000
|
Waterford City & County Co.
|
1
|
€72,000
|
Wexford County Council
|
3
|
€375,000
|
Wicklow County Council
|
2
|
€445,000
|
Total
|
65
|
€10,171,000
|