It is estimated that from the aggregation of factors arising from measures taken to reduce housing input costs, including the package of interim measures on housing supply, entitled Stabilising Rents – Boosting Supply which was
approved by the Government in November 2015, a decrease in the cost of building new residential units by between €20,000 and €40,000 can be achieved, depending on whether apartments or houses are being constructed. The main contributing factors involved are: the implementation of new apartment guidelines, The Sustainable Urban Housing: Design Standards for New Apartments - Guidelines for Planning Authorities published in December 2015; reforms to the Part V process; reductions in development contributions and a targeted development contribution rebate scheme in Dublin and Cork to encourage large-scale developments at affordable prices, and the new Local Infrastructure Housing Activation Fund.