Dáil Éireann Debate, Wednesday - 29 September 2021
113. Deputy Violet-Anne Wynne asked the Minister for Housing, Local Government and Heritage the steps taken by his Department to upscale co-operative housing developments in the State; and if he will make a statement on the matter. [47024/21]
View answerThe 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 annual targets include the delivery of 88,400 new social homes and 53,800 new affordable homes in the period 2022-2030.
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. Approved Housing Bodies (AHBs) will have a significant role in the delivery of new housing under Housing for All. Under Housing for All, local authorities are required to prepare Housing Delivery Action Plans, to set out details of social and affordable housing to be delivered in the five-year period 2022-2026. AHBs will be key delivery partners in the delivery of new homes under these action plans.
A new strengthened regulatory regime for AHBs has also been put in place. The Approved Housing Bodies Regulatory Authority (AHBRA) was formally established on 1 February 2021. A key role of AHBRA is to encourage and facilitate the better governance, administration and management including corporate governance and financial management, of AHBs.
