Eoin Ó Broin
Question:178. Deputy Eoin Ó Broin asked the Minister for Housing, Planning and Local Government the number of buy and renew units delivered to date in 2018; and the average cost for each unit. [46002/18]
View answerWednesday, 7 November 2018
Questions (178)
Written answers
Capital funding is provided to local authorities to acquire a range of properties for social housing use. The properties involved can range from those in good condition to those that need remediation and may have been vacant.
To ensure a local-led response to such work, responsibility for property acquisitions is delegated to local authorities. To further assist local authorities pursuing vacant properties, funding is available through the Buy & Renew Scheme to facilitate local authorities in acquiring and remediating vacant properties that may be suitable for social housing.
As with standard acquisitions, local authorities have delegated responsibility to utilise the Buy & Renew Scheme, as part of the blend of property acquisitions, as appropriate to their area, given housing need and the availability of properties of different types.
To date in 2018, cicra 65 housing units have been delivered through the Buy & Renew Scheme and taking the purchase price and upgrade costs into account, the average cost per unit is approximately €173,000.