Richard Boyd Barrett
Question:89. Deputy Richard Boyd Barrett asked the Minister for Housing, Local Government and Heritage the estimated amount it would cost to increase Part V from 10% to a statutory minimum of 20%. [25720/20]
View answerWednesday, 23 September 2020
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The Programme for Government contains a commitment to explore expanding Part V to encompass affordable purchase and cost rental units and the cost of such measures will be considered as part of that work.
The costs associated with Part V vary depending on the numbers of units developed in any given year by the private sector, the existing use value of the sites, and the type, size and construction cost of the units acquired. Costs are also influenced by the delivery scheme used, either local authority or Approved Housing Body led, or leasing.