Wednesday, 31 January 2018

Questions (86)

Brian Stanley

Question:

86. Deputy Brian Stanley asked the Minister for Housing, Planning and Local Government his plans to allocate funding to local councils for the completion of unfinished estates in which the developer is no longer in business. [4533/18]

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Written answers (Question to Housing)

The 2016 Annual Progress Report on Unfinished Housing Developments, published in March 2017, highlighted that the number of ‘unfinished’ developments had reduced by over 85%, from just under 3,000 developments in 2010 to 420 developments in 2016, with 248 developments resolved in 2016 alone.

Funding of the resolution process is now centred around investment by housing providers and their funders as well as income from bonds and securities. I have no plans to allocate further funding to local authorities in this regard.

Of the 420 remaining estates identified in the 2016 report, 35% of these are occupied.  All information on the remaining unfinished housing estates (including the names of all 420 estates and a breakdown of the figures by county and by occupancy rates) is available on my Department's website at the following link: http://www.housing.gov.ie/housing/unfinished-housing-developments/national-housing-development-survey/unfinished-housing.  The 2016 Annual Progress Report is also available on my Department's website.

The level of unfinished housing developments remaining is expected to show a further reduction when the 2017 Annual Progress Report is published by my Department later in Q1 2018.