My Department provides funding to local authorities for the provision of new social housing units through the Social Housing Investment Programme (SHIP).
Budgets are set through the approval process and costs are divided into the following categories
SHIP Construction on LA-owned land:
- Construction Contract
- Professional Fees – include fee for design, site investigation, project management etc.
- Utility Infrastructure - Costs for the provision of utility infrastructure on the site – e.g. water and sewage
- Abnormals – for example costs associated with preparing difficult/tight sites for construction
- Land cost
- Other – e.g. funding toward public art
SHIP Turnkey projects – purchase of newly constructed homes
- Purchase costs
- Professional Fees – includes conveyance and valuation fees
For Dublin City and Fingal local authorities the following are the average costs funded by my Department for construction projects on land owned by the local authority approved after 1/1/2019
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|
|
All Direct Build Projects
|
|
|
|
|
|
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Average per unit
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Local Authority
|
Projects
|
Units
|
Avg. project size/Units
|
Construction
|
Professional Fees
|
Utility Infrastructure
|
Abnormals
|
Land Costs
|
Other
|
All-in Cost per units
|
Dublin City
|
6
|
352
|
59
|
€308,244
|
€23,444
|
€3,383
|
€47,340
|
€0
|
€1,198
|
€383,609
|
Fingal
|
1
|
20
|
20
|
€308,173
|
€34,242
|
€5,907
|
€0
|
€0
|
€6,561
|
€354,882
|
|
7
|
372
|
53
|
€308,240
|
€24,024
|
€3,519
|
€44,795
|
€0
|
€1,487
|
€382,065
|
None of the construction projects in this timeframe incurred land costs.
The following are the average costs funded by my Department for turnkey projects approved after 1/1/2019
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|
|
Turnkeys
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|
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Average per unit
|
Local Authority
|
Projects
|
Units
|
Project size in Units
|
Purchase Price
|
Professional Fees
|
All-in Cost per units
|
Dublin City
|
2
|
28
|
14
|
€369,629
|
€2,393
|
€372,022
|
Fingal
|
5
|
32
|
6
|
€367,219
|
€7,015
|
€374,233
|
|
7
|
60
|
9
|
€368,343
|
€4,858
|
€373,201
|