Dáil Éireann Debate, Thursday - 11 May 2023
207. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage the average cost to the Exchequer in 2022, per unit of accommodation, for housing schemes (details supplied), in tabular form. [22270/23]
View answerMy Department publishes comprehensive programme level statistics on a quarterly basis on social and affordable housing delivery activity. This includes data on Part V delivery per local authority, which is available on the statistics page of my Department’s website, at the following link: www.gov.ie/en/collection/6060e-overall-social-housing-provision/.
Cost information on the delivery of social homes through the various construction streams, is collated by my Department at development/project level rather than at individual housing unit level. The cost of constructing new homes is dependent on a range of variables, such as the location, the scale of the development and the size and type of the homes involved.
The table below sets out the average cost to the exchequer to end of 2022 of social housing and cost rental delivery across a range of programmes.
|
Funding |
2022 Average Cost |
|
Cost Rental Equity Loan |
€108,362 |
|
CALF Construction |
€64,519 |
|
CALF Turnkey |
€79,524 |
|
CALF Part V |
€49,359 |
|
CAS Construction |
€245,517 |
|
CAS Turnkey |
€321,558 |
|
CAS Part V |
€262,794 |
|
SHIP Construction |
€303,818 |
|
SHIP Turnkey |
€283,173 |
|
SHIP Part V |
€233,347 |
Note 1: The information provided above is based on the financial information available to the Department. Delivery does not necessarily occur in the year of approval or spend.
Note 2: The CALF figures are based on application details and may be subject to change as the project progresses. The CALF Capital Outlay represents the average amount of CALF funding provided by the exchequer. (A maximum of 30%)
Note 3: Agreement on Part V arrangements is a matter for the local authorities. In some cases the Part V average cost is affected by delivery of homes that were subject to agreements prior to the current Part V arrangements. Complete details of Part V arrangements are available from the local authorities. It should be noted that with some Part V units, while recorded as delivered in 2022, have not had costs claimed or recouped as yet and so are excluded from the average costs shown.
Note 4: The average cost of CREL units represents the average loan cost and not a cost to the Exchequer.
