Tuesday, 24 November 2020

Questions (84)

Joe Flaherty

Question:

84. Deputy Joe Flaherty asked the Minister for Housing, Local Government and Heritage the level of capital investment in social housing in 2021; and if he will make a statement on the matter. [38290/20]

View answer

Written answers (Question to Housing)

Budget 2021 provides for an unprecedented level of funding for housing, with €3.3 billion being made available for the delivery of housing programmes next year. This comprises a total of €2.031 billion in capital funding and €1.276 billion in current funding.

The investment will ensure that the housing needs of over 28,500 households are met in 2021, including the delivery of 12,750 new social homes through build, acquisition and leasing programmes, which will be primarily funded through the capital provision. The majority of these homes, 9,500, will be new builds with the remainder a combination of strategic acquisitions and lease schemes.

The capital provision being provided for Housing in 2021 also supports the Programme for Government commitments to provide measures for good-quality housing to purchase or rent at an affordable price, including through the introduction of a new national Affordable Purchase Shared Equity Scheme and fast tracked Cost Rental options.

In addition, significant capital funding is being provided to support the provision of Traveller Accommodation, supports for older people and people with a disability and funding to support people within their existing homes, through a range of important upgrading and retrofitting programmes.

Further specific details in respect of the 2021 capital and current funding provisions for housing programmes are set out in the Budget 2021 Expenditure Report which is available at the attached link:

http://budget.gov.ie/Budgets/2021/2021.aspx