My Department publishes a range of statistics in relation to housing, including on Part V output which is available at the following link: http://www.housing.gov.ie/housing/statistics/affordable-housing/affordable-housing-and-part-v-statistics. Information in respect of the full year of 2016 is currently being finalised and will be published shortly. It is anticipated that over the lifetime of the Action Plan, at least 4,700 new social homes will be delivered through the Part V mechanism. Under Pillar 3 of Rebuilding Ireland, the aim is to double the completion level of additional homes in the next four years to deliver over 25,000 homes on average per annum, which will potentially impact on Part V delivery, and therefore making assumptions regarding housing output on which to base Part V estimates is not straightforward. It depends to a significant extent on the profile of the delivered housing. For example, developments for nine houses or less are exempt from Part V, while there are other compliance options including the transfer of land.
Given our ambitious target to deliver 47,000 social homes over the period of Rebuilding Ireland, I am keen to see a strong delivery through all programmes, including Part V. Funding is in place to meet this delivery, including any increases that arise in private housing output. Accordingly, we will closely monitor the delivery of housing generally, and the options for housing providers for delivering on their Part V obligations, and we will adjust our targets for Part V social housing delivery in line with that delivery.