Payment and Availability Agreements (P&As) are funded under the Social Housing Current Expenditure Programme (SHCEP), which funds the ongoing current costs of homes delivered by Approved Housing Bodies through build and acquisition, in addition to homes delivered through the various leasing programmes. A specific budgetary allocation is not made on a scheme by scheme basis; rather, in order to ensure that the maximum output can be achieved, funding is available on the basis of performance and capacity to deliver new social homes using these schemes.
The total available allocation for SHCEP in 2023 is €443m (comprising REV €367m and LPT €76m). The allocations for SHCEP from 2024 onwards will form part of the annual Estimates processes.