The Social Housing PPP programme provides for an investment with a capital value of €300 million and is expected to deliver 1,500 social housing units in total, via three bundles.
The first bundle, comprising six PPP sites providing for over 500 units in the greater Dublin area, is being developed in co-operation with the local authorities concerned. Two of the sites are located in Dublin City, with one each in South Dublin, Kildare, Wicklow and Louth. Dublin City Council has been appointed to act as the lead local authority for the delivery of the social housing PPP Programme in respect of this first bundle. It is expected that the process of seeking planning approval for the first bundle will commence within the coming month.
The procurement process is being led by the National Development Finance Agency. Tender documents are currently being finalised and are expected to be published in the coming months.
Each individual bundle of sites takes an estimated 37-48 months to deliver, in total. It is expected that construction would commence in 2018 with units becoming available in 2019.