Dáil Éireann Debate, Tuesday - 26 July 2022
659. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage the number of affordable housing fund affordable houses delivered in each local authority to date in 2022; the purchase price of each size of home in each development; the full cost of each size home when the local authority equity stake is taken into account; and the household income eligibility for each size house in each scheme in tabular form. [40175/22]
View answerHousing for All is the Government’s plan to increase the supply of housing to an average of 33,000 per year over the next decade. Under Housing for All, the Government will deliver 54,000 affordable homes between now and 2030, to be facilitated by local authorities, Approved Housing Bodies (AHBs), the Land Development Agency (LDA) and through a strategic partnership between the State and retail banks.
2022 represents the first year of a very ambitious programme of delivery of affordable housing. Significant funding has been secured and is being made available by Government to support delivery of affordable housing for purchase or for cost rental by local authorities, AHBs and by the LDA. In addition, the First Home Scheme, launched on 7 July, supports first-time buyers in purchasing new houses and apartments in the private market through the use of an equity share model, similar to that employed in the Local Authority Affordable Purchase Scheme. The Scheme aims to support in the region of 8,000 households in acquiring new homes in the private market in the years 2022 to 2026 with an overall budget of €400 million.
A delivery target has been set for 2022 of just over 4,100 affordable homes for affordable purchase and cost rental across the various delivery streams. In implementing Housing for All, each local authority has now prepared a Housing Delivery Action Plan for 2022 to 2026. Local authorities with a strong and identified affordable housing need were asked to include planned affordable housing delivery in their Action Plans. I have also set five-year Affordable Delivery Targets for those local authorities.
The purchase price of affordable purchase homes varies from scheme to scheme having regard to the various costs associated with the scheme and is set by the local authority. The equity stake may vary from property to property.
Local authorities have recently been asked to begin collating information on delivery of affordable homes in their area in the same manner as is currently done for social housing. It is intended that information on delivery across all delivery streams will be gathered by my Department and I expect that my Department will be in a position to begin reporting on national quarterly delivery statistics later this year.
