The initial target under Rebuilding Ireland was to deliver 47,000 homes, with 11,000 of these to be delivered through acquisition. However, following the first phase of my review of Rebuilding Ireland and with the provision made under Budget 2018 for social housing delivery, there is now a greater emphasis on direct build activity by local authorities and approved housing bodies.
Within the revised overall target of 50,000 homes now to be delivered under Rebuilding Ireland, almost 33,500 will be delivered through build activity and some 6,500 delivered through acquisitions, with the remaining 10,000 delivered through long-term leasing initiatives.
The following table shows the elements of the overall build activity, including homes that will be built directly by local authorities and approved housing bodies, as well as properties constructed for social housing through Part V and refurbished properties/Voids, as well as acquisitions, over the period 2016 to 2021.
Delivery
|
Build
|
Acquisition
|
Local Authority
|
16,328
|
1,480
|
Approved Housing Bodies
|
8,960
|
5,050
|
Refurbished properties/Voids
|
3,459
|
-
|
Properties constructed for social housing through Part V
|
4,690
|
-
|
Total
|
33,437
|
6,530
|