A funding investment in excess of €6 billion is being provided over the period 2016-2021 to support the implementation of Rebuilding Ireland, which aims to deliver 50,000 social housing units over the period 2016 to 2021. Over €2.35 billion has been expended on housing programmes over 2016 and 2017, which delivered homes for over 19,000 households in 2016 and a further 25,900 households in 2017.
An increased funding provision of €1.9 billion is available for social housing delivery this year, while for 2019, these funding levels will be further increased to almost €2.4 billion. Notably, the budget for the local authority capital programme for social housing will increase by 29% in 2019, to an overall funding provision of €825 million, the highest level of funding provision for many years. Overall, the funding available for housing in 2019 will be the highest ever in a single year.