Dáil Éireann Debate, Tuesday - 26 July 2022
684. Deputy Cian O'Callaghan asked the Minister for Housing, Local Government and Heritage the amount that has been spent by the State on long-term leasing of social homes in each of the past five years in tabular form; and if he will make a statement on the matter. [40482/22]
View answer685. Deputy Cian O'Callaghan asked the Minister for Housing, Local Government and Heritage the total per annum cost of existing long-term leases of social houses for the next 25 years in tabular form; and if he will make a statement on the matter. [40483/22]
View answerI propose to take Questions Nos. 684 and 685 together.
The Social Housing Current Expenditure Programme (SHCEP) supports the delivery of social housing by providing financial support to local authorities for the leasing of houses and apartments. Long term lease arrangements can be entered into by either local authorities or approved housing bodies (AHBs) for periods of between 10 and 25 years.
Table 1 below shows the SHCEP spend attributable to long term leasing from 2020 to the end of Q2 2022. The breakdown of spend pre 2020 is only available on a cumulative basis and, as such, it is not possible to give a breakdown of the cost of long term leasing before that date.
Table 1: Long Term Leasing* Spend under SHCEP
|
Year |
Spend |
|
2020 |
€37,162,874 |
|
2021 |
€55,378,323 |
|
2022 (to end Q2) |
€36,624,939 |
*Data in this table includes Local Authority Long-term Leasing, Approved Housing Body Leasing and Enhanced Leasing.
The future cost of long term leasing is dependent on the length of time left on a specific lease and whether and when a rent review will take place. Funding for long-term leasing for future years will be agreed as part of the overall SHCEP budget on an annual basis as part of the normal Estimates process. The SHCEP budget, which includes long term leasing, is €344.65m for 2022.
