Dáil Éireann Debate, Tuesday - 4 July 2017
618. Deputy Barry Cowen asked the Minister for Housing, Planning, Community and Local Government the estimated cost to the Exchequer of extending the development contribution rebate scheme to build to rent units by introducing a full rebate on all rental units built in developments of 50 units or more; and the estimated cost for extending the scheme for only units rented at affordable or below market rents. [31000/17]
Amharc ar fhreagraThe primary objective of the Development Contribution Rebate Scheme is to enhance the viability of the construction and sale of residential housing units at affordable prices in the locations of greatest need. The scheme is a supply-related measure, with the cost of the rebates being funded through my Department.
The rebate will be paid for those units that are completed and sold after 1st January 2016 and before 31 December 2017 and that meet the conditions of the scheme, details of which are set out in the Circular letter launching the scheme which issued from my Department, which is available at the following link: www.housing.gov.ie/search/category/planning?query=circular+2015&=Apply.
The scheme already caters for residential units whether for occupation, lease or rent.
