To date, my Department has issued two Serviced Sites Fund (SSF) calls for proposals to local authorities. Funding of almost €170 million has been approved in principle in support of 37 infrastructure projects in 14 local authority areas, which will assist in the delivery of almost 3,600 more affordable homes.
Details of 35 SSF projects which received approval in principle under the two SSF calls 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/.
In addition to these projects, approval in principle has also been given to two further applications for SSF funding – details are provided in the following table:
Local Authority
|
Name of Project
|
Number of affordable homes
|
SSF Funding
|
Dublin City Council
|
Emmet Road
|
375 – all Cost Rental
|
€18.75m
|
Dublin City Council
|
Oscar Traynor Road
|
172 – Affordable Purchase
|
€8.7m
|
Total
|
-
|
-
|
€27.45m
|
It is important to note that SSF is provided to support the cost of facilitating infrastructure which will lead to development of new affordable purchase and cost rental homes on local authority lands. The timeframe for the delivery of such projects must accommodate detailed design, the consultation process, planning, procurement and construction. As with all large projects of this type, the nature and scale of the developments will generally evolve as plans are progressed by local authorities. In making an application for SSF, each local authority must demonstrate that an affordability issue exists in the area in question and a viability to deliver homes with a reduction of at least 10% on open market values.