Dáil Éireann Debate, Tuesday - 28 September 2021
150. Deputy Bernard J. Durkan asked the Minister for Housing, Local Government and Heritage the extent to which he can draw down extra funding for house building purposes in the remainder of 2021 and in 2022 to boost output in the public and affordable housing sector; and if he will make a statement on the matter. [46410/21]
View answerThe Government’s commitment to increase the supply of public housing was underpinned in Budget 2021, which provided €3.3 billion to deliver housing programmes this year. This funding will support social and affordable housing delivery, along with the implementation of a broad range of programmes providing targeted support to meet housing need.
The recently published Housing for All strategy is the Government’s plan to increase the supply of housing to an average of 33,000 per year over the next decade. The table below sets out the annual targets for the delivery of a total of 88,400 new build social homes and 53,800 new affordable homes in the period 2022-2030.
|
Year |
2022 |
2023 |
2024 |
2025 |
2026 |
2027 |
2028 |
2029 |
2030 |
|
New build social homes |
9,000 |
9,100 |
9,300 |
10,000 |
10,200 |
10,200 |
10,200 |
10,200 |
10,200 |
|
New Build affordable homes |
4,100 |
5,500 |
6,400 |
6,400 |
6,100 |
6,300 |
6,400 |
6,300 |
6,300 |
Housing for All is supported by an investment package of over €4bn per annum, through an overall combination of €12bn in direct Exchequer funding, €3.5bn in funding through the Land Development Agency (LDA) and €5bn funding through the Housing Finance Agency.
Details of the Exchequer element of funding for social and affordable housing delivery, including for 2022, will be published each year as part of the annual estimates process.
