Arthur Morgan
Ceist:382 Mr. Morgan asked the Minister for the Environment, Heritage and Local Government the amount it would cost to increase the total social housing rental housing stock in the State by 30%. [26005/04]
Amharc ar fhreagraWednesday, 27 October 2004
Ceisteanna (277)
Freagraí scríofa
Minister of State at the Department of the Environment, Heritage and Local Government (Mr. N. Ahern)
There are currently some 105,000 housing units being provided for letting by local authorities.
The construction and acquisition cost of 32,000 social housing units equivalent to 30% of the above figure is estimated at some €5 billion, spread over the appropriate planning and construction period, based on current unit costs. To ensure a net addition of 30%, further construction and acquisition would be needed to compensate for depletion of the social housing stock through tenant purchase and other factors over the relevant period.