Tuesday, 26 March 2019

Questions (1379)

Darragh O'Brien

Question:

1379. Deputy Darragh O'Brien asked the Minister for Housing, Planning and Local Government the details of the €70 million rolling Housing Agency fund by county; the number of units delivered per annum since its inception to date by county; the average cost for each unit; and if he will make a statement on the matter. [12996/19]

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Written answers (Question to Housing)

Under Actions 1.1, 2.5 and 5.6 of Rebuilding Ireland: Action Plan for Housing and Homelessness, the Housing Agency is actively engaged with banks and investment companies in relation to its acquisitions programme. An Acquisitions Fund of €70 m, which is a revolving fund, has been established with the objective of acquiring some 1,600 homes over the period to 2020 for social housing use.

The following table sets out the number of homes acquired and under Caretaker Lease and the average costs per county per annum since 2017.

Local Authority

Number of Homes

Average Purchase Price

Total to Date

Carlow

2018

1

€135,000

2019

5

€161,120

Total

6

€156,767

€940,600

Cavan

2018

4

€106,813

2019

1

€125,000

Total

5

€110,450

€552,250

Clare

2018

4

€112,500

2019

1

€170,000

Total

5

€124,000

€620,000

Cork CITY

2018

7

€185,971

Total

7

€185,971

€1,301,800

Cork COUNTY

2018

32

€175,816

2019

8

€276,950

Total

40

€196,043

€7,841,700

Donegal

2017

1

€85,000

2018

7

€82,000

Total

8

€82,375

€659,000

Dublin City

2017

5

€252,600

2018

97

€257,259

2019

5

€366,468

Total

107

€262,145

€28,049,473

Dun Laoghaire

2018

8

€272,938

2019

2

€263,500

Total

10

€271,050

€2,710,500

Fingal

2017

1

€165,000

2018

79

€199,849

2019

2

€300,000

Total

82

€201,866

€16,553,050

Galway CITY

2017

1

€131,000

2018

4

€242,500

Total

5

€220,200

€1,101,000

Galway COUNTY

2017

1

€120,000

2018

17

€162,794

Total

18

€160,417

€2,887,500

Kerry

2017

9

€190,000

2018

4

€105,750

2019

1

€185,000

Total

14

€165,571

€2,318,000

Kildare

2017

7

€272,500

2018

36

€204,729

2019

5

€186,800

Total

48

€212,745

€10,211,750

Kilkenny

2018

5

€120,700

Total

5

€120,700

€603,500

Laois

2017

1

€165,000

2018

19

€149,579

Total

20

€150,350

€3,007,000

Leitrim

2018

3

€86,667

Total

3

€86,667

€260,000

Limerick

2018

9

€144,000

2019

1

€175,000

Total

10

€147,100

€1,471,000

Longford

2018

3

€119,000

Total

3

€119,000

€357,000

Louth

2018

7

€159,429

2019

1

€180,000

Total

8

€162,000

€1,296,000

Mayo

2018

2

€125,000

Total

2

€125,000

€250,000

Meath

2017

3

€168,333

2018

14

€179,071

2019

1

€250,000

Total

18

€181,222

€3,262,000

Monaghan

2018

3

€133,333

Total

3

€133,333

€400,000

Offaly

2018

8

€127,500

2019

1

€80,000

Total

9

€122,222

€1,100,000

Roscommon

2018

1

€115,000

Total

1

€115,000

€115,000

Sligo

2018

1

€110,000

Total

1

€110,000

€110,000

South Dublin

2017

5

€190,000

2018

36

€202,083

2019

5

€246,400

Total

46

€205,587

€9,457,000

Tipperary

2018

29

€107,082

Total

29

€107,082

€3,105,375

Waterford

2018

14

€126,714

Total

14

€126,714

€1,774,000

Westmeath

2017

1

€95,000

2018

7

€150,436

2019

1

€178,000

Total

9

€147,339

€1,326,050

Wexford

2017

1

€60,000

2018

11

€116,909

Total

12

€112,167

€1,346,000

Wicklow

2018

9

€267,019

Total

9

€267,019

€2,403,170

Grand Total

557

€192,800

€107,389,718