Dáil Éireann Debate, Wednesday - 16 May 2018
219. Deputy Willie O'Dea asked the Minister for Housing, Planning and Local Government the amount in the capital budget as set out in table 8 of the stability programme update 2018 that is designated for housing that is meeting the commitments contained in Rebuilding Ireland; and if he will make a statement on the matter. [21630/18]
View answerThe information requested is being compiled and will be forwarded to the Deputy in accordance with Standing Orders.
The following deferred reply was received under Standing Order 42A:
The capital expenditure outturn for my Department in 2017 and provisions for the period 2018-2021, as announced in Project Ireland 2040: National Development Plan 2018-2027, are set out in the following table:
|
Capital Allocations 2017-21 (€m) |
2017 |
2018 |
2019 |
2020 |
2021 |
|
Department of Housing, Planning and Local Government |
792 |
1,631 |
2,033 |
2,079 |
2,209 |
In relation to housing, the Rebuilding Ireland Action Plan for Housing and Homelessness will support the delivery of 50,000 new social homes over the period 2016 to 2021 through a combination of build, refurbishment, acquisitions and leasing activity. Overall, the funding investment planned to support the implementation of the Rebuilding Ireland Action Plan out to 2021 is €6 billion, which includes a capital investment of over €5 billion.
The implementation of the Plan is well underway and is making significant progress in accelerating housing supply. In 2016 alone, the housing needs of over 19,000 households were met through expenditure of €943 million. A further €1.4 billion was expended in 2017 and provided social housing solutions for 25,900 households. Increased funding was secured in Budget 2018, with an overall provision of €1.9 billion available this year to deliver housing programmes – this represents an increase of 36% over 2017 expenditure.
I am confident that the actions and targets in, and the resources committed under, Rebuilding Ireland provide a strong platform for meeting the challenges in the housing sector and that funding will not impede or be an obstacle to delivery under the Plan.
