Delivering cost rental will be an important part of the overall solution to the affordability challenge and work is under way to identify potential local authority sites that can be developed for cost rental projects, particularly in areas of high housing demand and high accommodation costs. In this regard, the Housing Agency and Dún Laoghaire-Rathdown County Council, in conjunction with Approved Housing Bodies, are bringing forward a pilot cost-rental project on a Land Aggregation Scheme site on the Enniskerry Road. Full details of the project will be announced in the near future, along with other affordability measures.
In terms of broader research and discussions on developing a cost rental model as part of an evolving and more sustainable rental sector in Ireland, I plan to form an Expert Group to examine the issues and provide advice on the most appropriate way forward. I am currently considering the terms of reference, formation and composition of the Group with a view to establishing it later this quarter.