Seán Haughey
Question:58. Deputy Seán Haughey asked the Minister for Housing, Local Government and Heritage for an update on developments under the croí cónaithe cities scheme; and if he will make a statement on the matter. [53854/23]
View answerThursday, 7 December 2023
Questions (58)
Written answers
The Croí Cónaithe (Cities) scheme launched in May 2022 . The scheme is a viability measure designed to support the building of circa 5,000 apartments for sale to owner-occupiers. The scheme aims to bridge the current 'viability gap' between the delivery cost of building apartments and the market sale price (where the cost of building is greater).
The scheme is managed by the Housing Agency on behalf of my Department and to date two calls for expressions of interest have been undertaken. There are seven live proposals under Call 1 of the Scheme. Of these proposals, contracts have been signed in relation to three of them for the delivery of 395 units – 53 in Dublin and 342 in Cork. The Housing Agency is currently progressing the remaining proposals under this call. Eleven further proposals were recently received under Call 2 and are being assessed by the Housing Agency in accordance with the scheme criteria.
Question No. 59 answered with Question No. 37.