Under the Serviced Sites Fund (SSF), the Government has committed €310 million over the three years 2019 to 2021, to provide infrastructure supports for the delivery of 6,200 affordable homes to purchase or rent. In December 2018, an initial 10 projects, with the potential for 1,400 affordable homes, were approved with an allocation of €43 million under the first call for proposals, details of which are set out in the following table.
Local Authority
|
Project/ Location
|
Total provisional cost of proposal
|
Provisional Exchequer grant amount
|
Provisional local authority contribution
|
Affordable housing potential
|
Cork County
|
Glanmire
|
€1,500,000
|
€1,335,000
|
€165,000
|
20
|
Cork City
|
Boherboy Road
|
€4,968,366
|
€4,421,846
|
€546,520
|
103
|
Cork City
|
Kilmore Road, Churchfield
|
€1,410,551
|
€1,255,390
|
€155,160
|
21
|
Dublin City
|
Cherry Orchard
|
€7,645,415
|
€6,804,419
|
€840,996
|
183
|
Dublin City
|
Balbutcher, Ballymun
|
€4,135,351
|
€3,680,462
|
€454,889
|
74
|
Dublin City
|
Sillogue, Ballymun
|
€3,975,000
|
€3,537,750
|
€437,250
|
83
|
DLR
|
Enniskerry Road
|
€4,537,576
|
€4,038,443
|
€499,133
|
50
|
Fingal
|
Church Fields, Mulhuddart
|
€11,000,000
|
€9,790,000
|
€1,210,000
|
753
|
Fingal
|
Dun Emer, Lusk
|
€1,500,000
|
€1,335,000
|
€165,000
|
74
|
Fingal
|
Hackettstown, Skerries
|
€2,198,667
|
€1,956,814
|
€241,853
|
49
|
Total
|
|
€42,870,926
|
€38,155,124
|
€4,715,801
|
1,410
|
The overall cost and the timing of delivery for these projects is contingent upon the completion of planning and procurement in the first instance, and local authorities are working to achieve delivery as quickly as possible. It is expected that the first tranche of affordable homes will be delivered next year.
I recently issued a second call for applications under the Serviced Sites Fund. As a result, 19 local authorities who carried out economic assessments, which identified affordability issues in their areas, will be in a position to make applications for funding in respect of additional sites earmarked for affordable housing.
Furthermore, approximately 2,350 affordable homes are in the process of being delivered on mainly publicly owned lands supported through the €200 million Local Infrastructure Housing Activation Fund (LIHAF). An additional 5,600 homes will benefit from a LIHAF-related cost reduction, some of which are already coming to market. Details of these schemes and their locations are available on the Rebuilding Ireland website at http://rebuildingireland.ie/lihaf/.