The initiative to support the purchase and renewal of private houses for social housing use will be available in all local authority areas, including Dún Laoghaire Rathdown, from 2017. I will be making an initial €25 million available for this initiative in 2017 and propose to increase this to as much as €50 million in 2018. I expect this investment to deliver between 400 and 500 renewed houses for social housing use. The full details of this initiative are being finalised and will be communicated to all local authorities in due course. The initiative will present opportunities for local authorities and approved housing bodies to tackle dereliction in towns and urban areas, but prospective housing units will always need to be suitable for social housing use, in an area of need and to represent reasonable value for money.