I propose to take Questions Nos. 164 and 166 together.
Housing for All, is the Government’s plan to increase the supply of housing to an average of 33,000 per year over the next decade. This includes the delivery of 90,000 social homes and 54,000 affordable homes by 2030. Housing for All is supported by an investment package of over €4bn per annum, through an overall combination of €12bn in direct Exchequer funding, €3.5bn in funding through the Land Development Agency and €5bn funding through the Housing Finance Agency.
My Department publishes comprehensive programme level statistics on a quarterly basis on social housing delivery activity in all local authorities, including information on social housing acquisitions. This data is available until the end of 2022 and is published on the statistics page of my Department’s website at the following link: www.gov.ie/en/collection/6060e-overall-social-housing-provision/
Department also publishes the Social Housing Construction Status Report (CSR). The CSR provides details of social housing developments and their location that have been completed, are under construction or are progressing through the various stages of the design and tender processes. The most recent publication was for Quarter 4 2022. All Construction Status Reports are available at the following link: www.gov.ie/en/collection/cb885-social-housing-construction-projects-status-reports/
A version of the CSR file can also be downloaded for analysis of completions, locations, approvals stage etc at the link below: Construction status report 2016 for Quarter 4 - Datasets - data.gov.ie
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 in 2022 of social housing and cost rental projects 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.
