The overall capital provision being provided in 2023 will fund a range of social and affordability schemes and support an additional 27,000 households in 2023, through meeting the social housing needs of an additional 21,430 households and supporting a further 5,550 households to buy or rent at an affordable price.
Budget 2023 provided for total Exchequer funding of €4bn to deliver housing programmes, including €2.6bn in capital funding and €1.4bn in current funding.
The capital provision of €2.6bn will be supplemented by €1.9bn from Land Development Agency (LDA) investment and Housing Finance Agency (HFA) lending, resulting in an overall capital provision of €4.5bn for 2023.
The €1.9bn in non-Exchequer funding comprises €1.3bn in HFA lending to local authorities and Approved Housing Bodies (AHBs) and approximately €0.6bn in LDA investment.