Action 4.6 of Rebuilding Ireland provides for the introduction of a new pilot affordable rental scheme to enhance the capacity of the private rented sector to provide quality and affordable accommodation for households currently paying a disproportionate amount of disposable income on rent.
The objective of the scheme is to provide long-term affordable residential accommodation for low to moderate income key-worker households in urban areas of high demand and provide an economic incentive to increase supply of rental accommodation.
This pilot affordable rental scheme is being progressed within the context of the comprehensive strategy for the rental sector which is being advanced under action 4.1 of Rebuilding Ireland, and which is due for publication before the end of 2016.