Housing Schemes

Dáil Éireann Debate, Thursday - 11 May 2023

Thursday, 11 May 2023

Questions (208)

Eoin Ó Broin

Question:

208. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage the average cost to the Exchequer of buy-and-renew social homes delivered in 2022 and to date in 2023. [22271/23]

Written answers

Minister for Housing, Local Government and Heritage (Deputy Darragh O'Brien)

Local authorities are encouraged to acquire vacant/derelict properties to be upgraded as new, value-for-money social homes via the Buy & Renew Scheme. Since it was introduced in 2016, in excess of 800 properties have been delivered under this arrangement.

The average cost of a Buy and Renew Social Home in 2022 was €242,203.

The average cost of a Buy and Renew Social Home to date in 2023 is €212,566.