Dáil Éireann Debate, Tuesday - 23 May 2023
439. Deputy Mick Barry asked the Minister for Housing, Local Government and Heritage the amount in the capital budget as set out in table 13 of the Stability Programme Update 2023 that is designated for building social housing; and if he will make a statement on the matter. [24799/23]
View answerThe capital expenditure provision for my Department in 2023, as set out in the Revised Estimates for Public Services 2023 published by the Department of Public Expenditure, NDP Delivery and Reform (DPENDR) and available at www.per.gov.ie/en/rev/, is €3,525m.
The breakdown of this capital allocation by Programme is set out below:
|
PROGRAMME |
2023 GROSS CAPITAL PROVISION €m |
|
Housing |
2,294 |
|
Water |
932.2 |
|
Local Government |
30.5 |
|
Planning |
157.4 |
|
Met Éireann |
21.5 |
|
Heritage |
89.4 |
|
TOTAL |
3,525 |
These provisions will be used to advance capital investment across a range of programme areas within my Department’s remit.
The Housing for All Strategy is the Government’s plan to increase the supply of housing to an average of 33,000 per year over the next decade. The annual targets include the delivery of 88,400 new social homes and 53,800 new affordable homes in the period 2022-2030. 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 investment through the Land Development Agency (LDA) and €5bn lending through the Housing Finance Agency (HFA).
This funding will facilitate the delivery of new social, affordable and cost rental homes, along with the implementation of a broad range of housing programmes providing targeted support to meet housing needs.
In relation to capital ceilings for 2023-2025, these are outlined in the National Development Plan published by DPENDR. See link below:
www.gov.ie/en/publication/774e2-national-development-plan-2021-2030/
