Skip to main content
Normal View

Housing Schemes

Dáil Éireann Debate, Wednesday - 14 September 2022

Wednesday, 14 September 2022

Questions (217)

Bríd Smith

Question:

217. Deputy Bríd Smith asked the Minister for Housing, Local Government and Heritage if the incremental tenant purchase scheme introduced in 2016 is still operating; the funding allocated to the scheme in the past three years; if changes to the scheme now stipulate that tenants must be in receipt of housing assistance for ten years before availing of such schemes; the reason for this change; if such criteria applies across all local authorities; and if he will make a statement on the matter. [44544/22]

View answer

Written answers

The Tenant (Incremental) Purchase Scheme remains open to applications from eligible social housing tenants. The scheme is not funding based, rather it operates by way of a discounted price on the purchase of a local authority property by a qualifying tenant. The discount is typically 60%, 50% or 40% depending on the purchaser’s level of reckonable income.The scheme was reviewed in 2021 in line with Programme for Government and Housing for All commitments, with a number of changes coming into effect from 1 February 2022. The changes included a reduced level of income required to qualify under the scheme (down from €15,000 to €12,500), and an increase in the time required to be in receipt of social housing support from one to ten years.

The latter change seeks to encourage good, long-term tenants to stay in their homes and support development of socially sustainable communities. It also seeks to ensure, at a time of high demand, that local authority social housing stock is not excessively reduced and remains available for the most vulnerable in society.

Top
Share