Under my Department's Serviced Sites Fund (SSF), €310 million has been allocated to provide infrastructure to support the delivery of more affordable new homes for purchase or rent in those areas where local authorities have identified an affordability challenge and the viability to deliver homes and below open market prices.
Funding under the SSF is available for new-build homes on local authority land. With a maximum of €50,000 funding available per home, at least 6,200 more affordable homes, to buy or rent at below market values, can be facilitated. To date, Serviced Sites funding of €127 million has been approved in principle in support of 35 projects in 14 local authority areas, which will assist in the delivery of almost 3,200 affordable homes.
The requested information on each of these 35 projects is available on the Rebuilding Ireland's website as follows;
Call 1 https://rebuildingireland.ie/news/minister-murphy-gives-the-go-ahead-for-ten-local-authority-sites-for-affordable-housing-under-the-serviced-sites-fund/
Call 2 https://rebuildingireland.ie/news/minister-murphy-approves-funding-of-e84m-to-support-delivery-of-1770-affordable-homes-under-the-ssf/
It should be noted that SSF Approval in Principle is granted to local authority applications for infrastructure that will support the delivery of more affordable homes on its sites. As local authorities then engage in detailed design, local consultation, the planning process and procurement thereafter, the nature and scale of the projects will generally evolve. This can lead to updates in the infrastructure, SSF funding made available and the final number and type of homes to be developed.