The Land Development Agency (LDA) was established on an interim basis in September 2018, by way of an Establishment Order made under the Local Government Services (Corporate Bodies) Act 1971, pending the enactment of primary legislation when it will be established as a commercial State agency.
The LDA has informed my Department that the Shanganagh development is scheduled to commence in the second half of 2021 and is expected to take approximately 4 years to complete. 597 units will be provided on the site, of which there will be 200 social housing units, 306 cost rental units and 91 affordable purchase units. The LDA expects that the units will be delivered on a phased basis with the first phase being completed in 2023. The total cost of the development will be subject to competitive tender as part of the upcoming procurement process.
The project will be funded by the LDA for the construction of the cost rental units and by my Department through the Social Housing Investment Programme for the 200 social housing units and the Serviced Sites Fund in respect of the affordable housing scheme units.
As with all State bodies operating under the aegis of my Department, arrangements have been put in place by the LDA through which Oireachtas members can request information directly from the Agency in relation to operational matters - in this regard, the LDA may be contacted directly at email@example.com.