Francis Noel Duffy
Question:563. Deputy Francis Noel Duffy asked the Minister for Housing, Local Government and Heritage if he will provide an update on the total number of cost-rental units delivered since 2020. [35662/23]
View answerTuesday, 25 July 2023
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Written answers
The Housing for All strategy commits to delivering a total of 18,000 Cost Rental homes over the period to 2030, and significant funding is being made available to support provision by Approved Housing Bodies (AHBs), Local Authorities, the Land Development Agency (LDA), and now also private providers under the new Secure Tenancy Affordable Rental (STAR) investment scheme.
Delivery will increase incrementally to an average of 2,000 Cost Rental homes per year, with 10,000 Cost Rental homes targeted for delivery by 2026. The very first Cost Rental homes in Ireland were delivered in late 2021, and 2022 saw significant acceleration of delivery. An initial group of 65 Cost Rental homes were delivered in late 2021, and 684 new homes were delivered in 2022. Cost Rental Delivery is continuing this year, with a pipeline of housing delivery which is being progressively developed by Local Authorities, AHBs, and the LDA.
Local authorities are systematically collating information on delivery of affordable homes in their area, including delivery by AHBs and the LDA, in the same manner as is done for social housing delivery. Informed by returns of this data, the affordable housing delivery for Q1 2023, including Cost Rental, is currently being validated and I expect that my Department will be in a position to report on this soon.